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White House teleprompter operator settles prediction market trading probe

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White House teleprompter operator settles prediction market trading probe
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Explained: How new rule tweak frees up stock brokers to invest beyond securities

Government eases investment rules for stockbrokers. Amendment to Securities Contracts Regulation Rules gives clarity. Brokers can now invest surplus funds more freely. Earlier rules restricted investments in non-securities businesses. New rules allow investments unless client funds are involved. This empowers brokers to diversify revenue streams. However, exchange circulars need updating for full clarity.