New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Under the SEBI Act, which section deals with the

    registration of stock brokers, sub-brokers, share transfer agents, and other intermediaries?
    A Section 10 of the SEBI Act Correct Answer Incorrect Answer
    B Section 12 of the SEBI Act Correct Answer Incorrect Answer
    C Section 15 of the SEBI Act Correct Answer Incorrect Answer
    D Section 8 of the SEBI Act Correct Answer Incorrect Answer
    E Section 14 of the SEBI Act Correct Answer Incorrect Answer

    Solution

    Section 12 Registration of stock brokers, sub-brokers, share transfer agents, etc.: (1) No stock broker, sub-broker, share transfer agent, banker to an issue, trustee of trust deed, registrar to an issue, merchant banker, underwriter, portfolio manager, investment adviser and such other intermediary who may be associated with securities market shall buy, sell or deal in securities except under, and in accordance with, the conditions of a certificate of registration obtained from the Board in accordance with the 43[regulations] made under this Act.

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