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Indian market regulator prepares for making Aadhar mandatory for stock trading

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Securities and Exchange Board of India has taken the preliminary steps to making Aadhar mandatory for buying shares and mutual funds, according to a report by Economic Times. The market regulator has requested exchanges for their feedback on how prepared brokers are in getting their clients to send Aadhar card information prior to December 31. BSE asked brokers in a recent pamphlet for their comments on the issue by August 23. Existing clients will have to submit the Aadhar card

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