Nithin Kamath Cheers New Rule Allowing Brokers to Invest Without Approvals!
Zerodha CEO Nithin Kamath has welcomed a major regulatory shift, allowing stock brokers to invest their own funds freely without needing prior approvals from exchanges. The Finance Ministry and NSE clarified the Securities Contracts (Regulation) Rules (SCRR), 1957, removing restrictions that previously classified such investments as ‘business activity’. 🔴 Key Highlights: 📢 Nithin Kamath’s Statement:“Finally,…
