Stock market players may have to hike capital

MUMBAI: The operating rules for stock brokers and other capital market intermediaries may soon be redrawn, a move which could force all these players to bolster their capital. Stock market regulator SEBI is reviewing the capital requirements of brokers and other market intermediaries, said people familiar with the development. SEBI is reportedly vetting a proposal, under which the net worth norms for intermediaries will be redefined according to the risk each of its arms is incurring in its operations. To read more CLICK.................