Stock Brokers

Groww's Rs 7,000 crore IPO at $9 billion valuation presents a classic case study of high client growth versus revenue efficiency

Active brokerage accounts turn passive on tighter F&O rules by Sebi, market volatility in 2025

This decline in active accounts has been driven primarily by a slump in futures and options activity following the tightening of rules in the derivatives segment by Sebi, the capital market regulator.

How a falling market and tighter regulations impacted brokers

A falling market and SEBI’s regulatory clampdown have hit brokerages hard, slashing both client counts and profitability. But are we seeing green shoots of recovery?

SEBI proposes easing norms for stock brokers to operate from GIFT city, doing away with separate NOC

In a consultation paper released on March 21, SEBI has suggested that the broker simply set up a separate business unit and ringfence its activities from its other operations

Consultation paper on stock broker's referral programme in the works, discussions underway, says Sebi

In response to a query sent by Moneycontrol, SEBI said that the issue is still under discussion and that the paper will be jointly issued by the stock exchanges once the deliberations are complete.

Over Rs 500 cr of unclaimed investor assets with stock brokers, SEBI suggests new framework

The consultation paper was released on February 11.

Brokers continuing association with us, closely reviewing their security levels: Comtel after ransomware attack

In an interview with Moneycontrol, Comtel, which managed the data centre that was breached by a ransomware attack, explains what happened, how it was managed and how it can be avoided next time.

MC exclusive: Ransomware attack targets data centre that services around 16 brokers

Big brokerage houses, including IIFL Securities, 5 Paisa and Axis Securities, have been affected by the ransomware attack, sources tell Moneycontrol.

Sebi issues clarification on Specified Digital Platforms, not obligatory for any digital platform to get notified

In the press release issued on December 4, the market regulator said that the provision of associating with a third party through an SDP was given to REs only to assure the REs that they will not be held accountable if there is any violation of the concerned provisions.

SEBI allows common contact details for multiple investor accounts of HUFs, corporates, trusts

The contact details are used by exchanges to communicate with investors

SEBI proposes that stock exchanges do online monitoring of system audit of stock brokers

The market regulator floated a consultation paper on this on December 3.

SEBI proposes making registered intermediaries, MIIs responsible for output of AI tools

The consultation paper issued on November 13 recognised the benefits of using these tools and the dangers of not regulating their use

Sebi fines Choice Equity Broking for violations committed by entity and its authorised persons

According to an order issued by the Securities and Exchange Board of India (Sebi) on October 9, the brokerage failed to report clients mapped to the APs correctly to the exchanges.

MC Exclusive| Over 115 stockbrokers get SEBI notice for continued association with algo platform Tradetron

The markets regulator has issued the notice as part of a larger probe into the operations of algo platforms.

Govt mulls key change in rules to give brokers more flexibility to use own funds

Simply put, the rule stipulates that brokers who are members of any stock exchange cannot engage in any business other than that of securities or commodities derivatives and they also cannot engage in any other activity that involves personal financial liability.

Sebi proposes tripling the fee for informal guidance, including more entities under its ambit

In a consultation paper released on August 30, Sebi has also proposed the setting up of a nodal department that will both receive the applications and monitor their progress

Sebi regulations finally amended to restrict association of registered entities with unregistered advisors

The amended regulations also restrict the association with entities who make any claims about returns or performance unless the entities are permitted to do so by the regulator.

SEBI moots summary proceedings for speedier disposal of intermediary-led violations

In this regard, the Securities and Exchange Board of India (Sebi) has floated a consultation paper to invite public comments till August 6 on proposed amendments to the Intermediaries Rules, 2008.

Regulated entities drop finfluencers like hot bricks from brand campaigns; Sebi diktat may end a pandemic-led boom

Market insiders told Moneycontrol that the regulator's new guidelines are causing brokerages to shy away from unregistered content creators who may have discussed stocks to drive engagement.

Sebi asks stock brokers to have mechanism to prevent, detect market abuse, fraud

The market regulator issued the directive on July 4

Blow to discount broking: Sebi asks MIIs to charge all members uniformly, not offer rebates based on trading turnover

This will be a big hit on brokerages who earn from the passbacks that exchanges give them for generating volumes

MC Explains: Where and how can registered market entities and unregistered advisors associate?

The regulator has given the broad contours of the digital platform, which will soon be notified.

Sebi eases norms for stock brokers to provide internet-based trading

The regulator has asked the exchanges to respond to the brokers' application much faster than the present timeline

Sebi reins in sharing of real-time stock prices with gaming apps

MIIs and intermediaries need to ensure that the sharing is done only if it is required for the orderly functioning of the securities market, said the May 24 circular

MC Investigation: Employees, vendors of brokers, MIIs allegedly profit from sale of client data to illegal advisories, PMS firms

Moneycontrol's conversations with database sellers and buyers found that data leaks did not originate directly from regulated entities but from those associated with them. We found that data of even high net-worth individuals can be sourced for Rs 20 apiece.