Trading Members

Trading members often receive Letters of Observation (LOs) or Show-cause Notices (SCNs) from Stock Exchanges for non-compliance with Exchange byelaws or SEBI circulars. Responding effectively is crucial to avoid penalties, trading restrictions, or reputational risk.

At RegEx, we specialize in assisting trading members in preparing robust, timely, and well-documented replies to:

Letters of Observation (LOs) issued by the Exchange

 Show-cause Notices (SCNs) for regulatory violations

• Our offerings include:

 Detailed review of the notice and facts of the case

 Identification of regulatory breaches and mitigating arguments

 Drafting of comprehensive replies with legal references and supporting documents

 Strategic representation and guidance during follow-ups with the Exchange

 Advice on remedial steps and compliance improvements

Whether it's related to inspection observations, enforcements actions, review requests, surveillance alerts, margin shortfalls, recoupment of net-worth, MTF alerts, revocation of suspension, disablement and restrictions on onboarding new clients , surrender of membership with benefit of waiver or reduction of penalty, AP supervision, payout requests, or reporting lapses, etc. — we provide end-to-end support to safeguard your membership and compliance standing.

Reach out to us to ensure your case is handled with legal precision, compliance expertise and regulatory insight from seasoned professionals