Alerts & Updates 7th Jul 2026

Handling of Client’s Unpaid Securities by Trading Members Clearing Members

Authors

KC JacobPartner | Mumbai
Shourya Tanay
Shourya TanaySenior Associate | Mumbai
Mridula Bhat
Mridula BhatAssociate | Mumbai

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SEBI has, vide its circular dated July 03, 2026, amended the framework governing the handling of clients’ unpaid securities by Trading Members. The revised framework introduces a structured pledge-based mechanism, streamlines the processes for creation, release and invocation of pledges, and prescribes safeguards aimed at enhancing operational efficiency while strengthening investor protection.

Read the detailed update here

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