Business · India Bureau
SEBI to frame rules against broker terminal misuse, prioritise cybersecurity
The Securities and Exchange Board of India will develop regulatory guidelines to prevent unauthorised use of broker terminals, as market regulator emphasises cybersecurity as a critical business imperative rather than a mere IT function.
LSN India ·
The Securities and Exchange Board of India (SEBI) is moving to strengthen its regulatory framework by introducing fresh rules to curb misuse of broker terminals, addressing a growing concern in the capital markets ecosystem.
SEBI Chairman has underscored the need for market participants to fundamentally reorient their approach towards cybersecurity, stressing that it should be treated as a strategic business priority rather than relegated to information technology departments as an operational expense.
The proposed regulatory measures aim to enhance security protocols and accountability mechanisms surrounding broker terminal access, particularly given the increased vulnerabilities in digital trading infrastructure. The focus reflects SEBI's broader push to modernise market safeguards and protect investor interests.
The move comes as India's financial markets continue to expand digitally, with growing transaction volumes placing greater demands on secure infrastructure. Market participants across brokerages and trading platforms are expected to align with the forthcoming guidelines once notified by the regulator.