# BSE issues penalty report on client code modifications 2026-08-10T08:11:03+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet The Bombay Stock Exchange has released a penalty report regarding modifications of client codes in non-institutional trades across all segments. The report, available as a PDF download on the BSE India website, details actions taken by the exchange. Client code modifications occur when the beneficiary account of a trade is changed after execution, a practice that the market regulator Sebi has tightened rules around in recent years to prevent misuse. The BSE report likely includes penalties imposed on trading members found violating these modified client code norms. Investors and market participants can access the full report through the listed URL on the BSE corporate announcements page. ## Coverage - bseindia.com Tags: BSE, client code modification, market regulation, penalty, SEBI, stock exchange Canonical: https://indianopinion.org/bse-issues-penalty-report-on-client-code-modifications/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/bse-issues-penalty-report-on-client-code-modifications/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.