February 13, 2020 / 2:38 PM / 12 days ago

BRIEF-India Market Regulator Says Develops Online System For Detecting Misuse Of Clients' Securities By Brokers

Feb 13 (Reuters) -

* INDIA MARKET REGULATOR SAYS DEVELOPS ONLINE SYSTEM FOR DETECTING MISUSE OF CLIENTS’ SECURITIES BY BROKERS

* SEBI SAYS WILL TRACK MOVEMENT OF CLIENT SECURITIES COLLECTED BY BROKER, RAISES ALERTS WITH EXCHANGES IF DIVERSION OF SECURITIES IS NOTICED

* SEBI SAYS THREE MISMATCH REPORTS HAVE ALREADY BEEN FORWARDED TO EXCHANGES FOR RECONCILIATION WITH MEMBERS

* SEBI SAYS REPORTS BEING GENERATED ON A WEEKLY BASIS Source text for Eikon: Further company coverage: [ ]

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