BOURSES/ BROKERS TO PRESERVE PAPERS FOR 5 YEARS

To ensure assistance to enforcement agencies during investigations, the SEBI has asked stock exchanges and brokers to preserve original records for a period ranging from 2 to 5 years. Stock exchanges and its members are required to maintain and preserve the specified books of accounts and documents for as long as five years and according to SEBI if a copy is taken by such enforcement agency either from physical or electronic record, then the respective original is to be maintained till the trial or investigation proceedings have concluded.