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“Working in stock exchange means any one can enter for trading and no specific rules are to be followed.” Justify.

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1. Stock exchange is a place where all the transactions in securities are effected only through its authorized * brokers and members means no outsiders or direct investors are allowed to enter in the trading circles of the stock exchange. 

2. Buying and selling transactions in securities at the stock exchange are governed by the rules and regulations of stock exchange as well as SEBI Guidelines. No deviation from the rules and guidelines is allowed in any case.

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