Forms for registration of stock brokers and clearing members
Summary
This circular specifies the application forms and certificate of registration for stock brokers and clearing members under the SEBI (Stock Brokers) Regulations, 2026. It mandates recognized stock exchanges and clearing corporations to disseminate these forms and amend their bye-laws accordingly. The provisions apply retrospectively from January 7, 2026, coinciding with the notification of the new regulations.
Text
Under Schedule I of Securities and Exchange Board of India (Stock Brokers) Regulations, 1992 (repealed), the application forms for registration of stock broker and clearing member along with certificate of registration were specified.
SEBI (Stock Brokers) Regulations, 2026 provides that such form shall be specified by Board or recognised stock exchange. In view of the same, the application forms and certificate of registration have been specified under Annexure.
The provisions of this circular shall come into force, retrospectively, from the date of notification of Securities and Exchange Board of India (Stock brokers) Regulations, 2026 i.e. January 07, 2026.
bring the provisions of this circular to the notice of their members / participants and also disseminate the same on their websites;
make necessary amendments to the relevant Bye-laws, Rules and Regulations for the implementation of the above decision;
This circular is issued in exercise of powers conferred under Section 11(1) of Chapter IV of the Securities and Exchange Board of India Act, 1992, read with Regulation 51 of Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 to protect the interests of investors in securities and to promote the development of, and to regulate the securities markets.
Source: SecMarx — Forms for registration of stock brokers and clearing members. Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.