Business Studies · Securities Contracts (Regulation) Act, 1956
Members of recognized stock exchanges acting as principals with non-members:
- 1Must seek approval from the Central Government
- 2Are prohibited under all circumstances
- 3Cannot do so unless prior consent is obtained and disclosure is made in writing✓
- 4Can do so freely without disclosure
Correct answer
Cannot do so unless prior consent is obtained and disclosure is made in writing
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