SEBI Shakes Up Finance: Major Stock Broker Rule Overhaul Proposed

India's market watchdog just dropped a bombshell—traditional brokerage models might need a complete facelift.

Under the microscope: SEBI's sweeping proposal targets everything from client fund segregation to algo-trading disclosures. No more 'trust me bro' accounting—transparency's the new mandate.

Brokers sweating? They should be. The draft rules demand real-time auditing and slap stricter penalties for non-compliance. Meanwhile, retail traders get beefed-up protections (because apparently 2025's investors still can't tell a pump-and-dump from an actual strategy).

One cynical take: After decades of letting brokers play fast-and-loose, this feels like slamming the barn door post-crypto-horse-escape. But hey—better late than never when cleaning up finance's Wild West.