Mumbai, Nov. 4 -- The Securities and Exchange Board of India (Sebi) plans to revise the 30-year-old regulations governing the registration, conduct, and responsibilities of stockbrokers and sub-brokers in India by December, according to chairperson Tuhin Kanta Pandey.

The Securities and Exchange Board of India (Stock Brokers) Regulations, 1992, ensure fair trading, investor protection, and transparency.

"We want to change it (the regulations) as soon as possible, maybe by December. So, this stock brokers regulation will become 2025," said Pandey on the sidelines of an event on Tuesday.

In an August consultation paper, the market regulator proposed revising the regulations to simplify compliance and align the rules with today's tech-dri...