SEBI Notifies Broker Registration Process, Circular Effective From 7 Jan 2026 Retrospectively

The Securities and Exchange Board of India (SEBI) on 17 February 2026 issued a circular specifying the application forms and certificate format for registration of stock brokers and clearing members under the SEBI (Stock Brokers) Regulations, 2026.

SEBI clarified that while earlier forms were prescribed under the repealed SEBI (Stock Brokers) Regulations, 1992, the new regulations empower the Board or a recognised stock exchange to specify such forms.

Accordingly, the application forms and certificate of registration have now been notified through an annexure to the circular.

The circular is effective retrospectively from 7 January 2026, the date on which the new regulations were notified.