Credit of Penalty for short-collection/non-collection of Margins on Commodity Derivatives Segments to Core SGF

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..... Trusts of Recognised Stock Exchanges Sir / Madam, Sub: Credit of Penalty for short-collection/non-collection of Margins on Commodity Derivatives Segments to Core SGF 1. SEBI vide circular SEBI/HO/CDMRD/DRMP/CIR/P/2016/80 dated September 07, 2016 prescribed mechanism for levying penalties on short-collection/non-collection of Margins. Para '3.x' of the said circular stipulated that all the pena .....

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..... ereby clarified that all penalties levied on short-collection/non-collection of Margins as prescribed by SEBI Circular dated September 07, 2016 shall be credited to Core SGF only. Thus para '3.x' of SEBI circular dated September 07, 2016 stands modified accordingly. 5. Further, it is also directed that penalties, if any, on short-collection/non-collection of Margins for commodity derivatives segm .....

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