Dekho, pehle brokers ke net worth ke rules thode purane ho gaye the. Jab client ka paisa direct broker ke paas nahi reh kar clearing corporation ke paas jaane laga, toh purana system itna relevant nahi raha. Ab Sebi ek strong 'second line of defence' banana chahta hai jo broker ke kaam ke scale aur risk ke hisab se ho.
Naya calculation system variable hoga. Isme clients ke pichhle 6 mahine ke average credit balance ka 10% bhi include hoga. Agar kisi broker ke 10,000 se 50,000 active direct clients hain, toh unhe ₹50 Lakh ka net worth maintain karna hoga. Aur agar clients ki संख्या 50,000 se zyada badhti hai, toh har 50,000 additional clients ke liye extra ₹50 Lakh lagenge. Authorized persons ke through aaye clients ke liye bhi ek tiered structure hai, jisme 2,500 clients tak ke liye ₹5 Lakh se shuru hoga.
Industry waale bol rahe hain ki isse yeh sure hoga ki bade brokers ke paas proportionaly zyada financial buffers honge. Ye proposal NSE aur BSE jaise exchanges aur broker groups ke members wali ek working group ki recommendations par based hai. Sebi ab is draft rules par public se feedback mang raha hai, aur comments 15th May, 2026 tak submit kar sakte hain.
