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• Create Date July 6, 2026
• Last Updated July 6, 2026

SEBI Circular PDF on Handling of Client’s Unpaid Securities by Trading Members

Download the SEBI Circular PDF on Handling of Client’s Unpaid Securities by Trading Members. The circular explains the revised rules for auto-pledge of unpaid securities, the five-trading-day payment timeline, release and invocation of pledge, liquidation of securities, CUSPA rules, auto-release of pledge and extensions in exceptional circumstances.

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