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Reputation: 642,801  •  Mar 29, 2023 1:26 AM
'Pledge-repledge' model mooted for brokers, investors
'Pledge-repledge' model mooted for brokers, investors
Since earnings from unutilised money of clients comprise a significant part of the income of many brokers, there has been a disquiet among intermediaries ever since the market regulator proposed that everyday brokers and clearing members would have to transfer surplus investor funds to clearing corporations.
The Economic Times

https://economictimes.indiatimes.com/markets/stocks/news/...
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