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SEBI Twixed to promote investor charter for stock brokers to promote financial consumer protection – News18


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This comes in view of recent developments in the securities market, including the introduction of online dispute resolution (ODR) platform and score 2.0 – SEBI’s web -based centralized centralized grievance redressal system.

SEBI, in December 2021, issues an investor charter for brokers providing services provided to investors, the rights of investors, the services provided for various activities of brokers with time -simplicity.

Market Regulator SEBI on Friday held the investor charter for a stock broker in a bid to increase financial inclusion and financial literacy as well as to promote financial consumer protection. It came in view of recent developments in the securities market, including the introduction of online controversy resolution (ODR) platform and score 2.0 – a web -based centralized centralized grievance redressal system of SEBI.

The revised charter includes the vision, missions, services provided by the brokers to investors, time for investors, various activities of the broker with dos and dons, and handling the claims of the investor. Investors for complaints for complaints and annual settlement of data and complaints to be displayed by brokers on their respective websites.

Markets Regulator has asked brokers to bring charter to disclose the charter to disclose their respective websites for the information of their customers, making them available in prominent places in the office, and as a part of the account opening kit to the customers Provide a copy of this. , Through email/letters.

In addition, all the brokers will continue to disclose on their respective websites, the latest in the 7th place of the successful month against the data received against them or the issues dealt with them.

SEBI, in December 2021, released an investor for brokers, in which services provided to investors, rights of investors, deadlines, various activities of broker for doses and doses for the grievance redressal mechanisms between investors and others With the details of various activities of brokers were given along.

Its purpose was to provide investor awareness facilities about various activities, such as an investor, such as opening an account, KYC and in-tradition verification, grievance solution, release of contract notes and various details.

(This story has not been edited by News18 employees and a syndicated news agency has been published from feed – PTI,

news Business , Market SEBI twicks investor charter for stock brokers to promote financial consumer protection



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