Capital markets regulator Sebi on Monday proposed an overhaul of the regulatory framework governing stock exchanges and clearing corporations, as part of its broader ease of doing business initiative. In a consultation paper, the regulator said it aims to simplify the Master Circular for Stock Exchanges & Clearing Corporations by removing obsolete provisions, reducing compliance requirements and consolidating multiple circulars into a simpler framework. Public comments on the proposals have been invited until July 13, 2026.
The latest consultation is the fourth in a series of reviews undertaken by Sebi to simplify regulations for market infrastructure institutions (MIIs). The regulator had earlier sought feedback on proposals related to administration, trading and exchange-traded derivatives.
