SECURITIES CONTRACTS (REGULATION) ACT, 1956[42 OF 1956]An Act to prevent undesirable transactions in securities by regulating the business of dealing therein, [***] by providing for certain other matters connected therewith.BE it enacted by Parliament in the Seventh Year of the Republic of India as follows :PRELIMINARYShort title, extent and commencement.1. (1) This Act may be called the Securities Contracts (Regulation) Act, 1956.(2) It extends to the whole of India.(3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.