Section 117: Power to frame By-laws

The stock exchange may, with the approval of the Board, frame necessary By-laws on the following matters, subject to this Act and the Rules framed under this Act:

(a) Listing of securities and transactions of listed securities,

(b) Membership, membership fees, professional ethics of members,

(c) With a view to operating the stock exchange fairly and transparently, provisions relating to the service and conduct of employees and market inspection and monitoring.