Sebi on Monday announced expanding the Qualified Stock Broker (QSB) framework that will bring more brokers under enhanced obligations, a move aimed at bolstering the trust of investors in the securities market.

The decision will also help in strengthening the compliance culture among stock brokers.

Now, the parameters of proprietary trading volumes, compliance and grievance redressal scores will also be taken into account while classifying stock brokers as QSBs, according to a circular.

ERP testing startup Opkey raises $47 million in Series B round from PeakSpan Capital, existing investors AI model fine-tuning key to reduce hallucinations Mining stocks NMDC, Vedanta, Hind Zinc, MOIL, Coal India plunge as much as 5% after SC allows states to collect past due…