1. Freeze the facts
Record the entity, security or product, transaction, decision-maker, counterparty, amount and event date.
SEBI Hub › Stock Brokers 2026 › Forms, fees and net-worth schedules
Finin2min Summary — in 2 Minutes
Decision: Apply the current application/certificate forms, fee chapters, segment computation and minimum net-worth framework.
Legal owner and source control
How to apply this control
2. Locate the provision
Open the official consolidated Regulation and identify the exact numbered provision, proviso, explanation and Schedule.
3. Add subordinate implementation
Map the current Master Circular, later circular, exchange/depository specification and filing format without treating them as the Regulation itself.
4. Preserve evidence
Official form version, fee workings, exchange certification and audited net-worth statement.
Evidence checklist
- Applicable legal version and amendment date.
- Named business and compliance owner.
- Approval, filing, acknowledgement and communication trail.
- Maker-checker, exception and escalation evidence.
- Post-event reconciliation and breach assessment.
Common failure
Avoid: Using a legacy 1992 form or net-worth matrix after the 2026 regime took effect.
Finin2min Q&A
Is this page the legal text?
No. It is an implementation guide. Use the official SEBI consolidated Regulation for the exact wording and numbering.
Does a successful exchange or portal filing prove compliance?
No. Acceptance proves a system transaction; it does not cure wrong applicability, approvals, disclosures, timing or evidence.
What should be checked after an amendment?
Effective date, saved actions, forms, policies, system rules, open transactions, board approvals and investor/client communications.