October 04, 2021<\/p>\n
To,<\/p>\n
The Managing Directors \/ Chief Executive Officers
\nAll Recognized Stock Exchanges and Clearing Corporations having
\nCommodity Derivatives Segment<\/p>\n
Dear Sir \/ Madam,<\/p>\n
1.In order to bring about transparency in the Investor Grievance Redressal Mechanism, it has been decided that all the Stock Exchanges and the Clearing Corporations shall disclose on their websites, the data on complaints received against them and redressal thereof,latest by 7thof succeeding month,as per the format enclosed at Annexure-\u2018A\u2019to this circular.<\/p>\n
2.These disclosure requirements are in addition to those already mandated by SEBI.<\/p>\n
3.The provisions of this circular shall come into effect from January 01, 2022.<\/p>\n
4.The Stock Exchanges and Clearing Corporations are advised to:<\/p>\n
4.1.Makenecessary amendments to the relevant bye-laws, rules and regulations.<\/p>\n
4.2.Communicate to SEBI, the status of the implementation of the provisions of this circular through the Monthly Development Report(MDR).<\/p>\n
5.This circular is issued in exercise of the powers conferred under Section 11(1) of the Securities and Exchange Board of India Act 1992read with Section 10 of the Securities Contracts (Regulation) Act, 1956 to protect the interests of investors insecurities and to promote the development of, and to regulate the securities market.<\/p>\n
6.This circular is available on SEBI website at www.sebi.gov.in under the category \u201cCirculars\u201d and \u201cInfo for Commodity Derivatives\u201d.<\/p>\n
Yours faithfully,<\/p>\n
Vishakha More
\nDeputy General Manager
\nDivision of Complaints
\nCommodity Derivatives Market Regulation Department
\n+91-22-26449206
\nvishakham@sebi.gov.in<\/p>\n