After a decade, the Securities and Exchange Board of India (SEBI) is looking to strengthen the settlement guarantee fund (SGF) in order to effectively deal with payment failures by broker members of stock exchanges. The size of the fund will be reviewed and enhanced to ensure it can meet contingencies arising from broker defaults. The SGF plays a crucial role in maintaining investor confidence and market stability, providing a safety net for participants in case of any payment failures. The move highlights SEBI’s commitment to continuously evaluate and strengthen market infrastructure to safeguard investor interests.