SEBI issues Master Circular for Stock Brokers

The Securities and Exchange Board of India (“SEBI”) has released Master circular for Stock Brokers dated June 17, 2025. This Master Circular supersedes the existing Master Circular and consolidates the relevant Circulars issued upto June 10, 2025.

For ease of reference, the Master Circular has been hyperlinked below.

Note: The provisions of the relevant circulars issued after the Master Circular for Stock Brokers dated August 09, 2024 and upto June 10, 2025 have already been covered in Komrisk. However, necessary updates regarding ‘Name of Law’ and Provision references will be made shortly.

Source: SEBI

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