SEBI clarifies the regulatory intent behind public dissemination of data in a disclosure based regulatory regime

SEBI vide circular dated February 25, 2022 has issued clarification regarding the approach to securities market data access and terms of usage of data provided by data sources in Indian securities market. It has clarifies the regulatory intent behind public dissemination of data in a disclosure based regulatory regime.

As far as the data provided by various data sources in Indian securities markets pursuant to regulatory mandates for reporting and disclosure in public domain are concerned, such data should be made available to users, ‘free of charge’ both for ‘viewing’ the data as also for download in the format as specified by regulatory mandate for reporting, as well as their usage for the value addition purposes.

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