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For whom does SEBI develop and enforce a code of conduct?

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Question

For whom does SEBI develop and enforce a code of conduct?

Options

  • Only investors receiving transaction statements

  • Only companies verifying dematerialisation requests

  • Intermediaries such as brokers and merchant bankers

  • Only borrowers receiving credit ratings

MCQ
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Solution

SEBI develops and enforces a code of conduct for intermediaries. Brokers and merchant bankers are specified examples.

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