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Mumbai, October 5, 2023: Sharekhan, one of India's most trusted full-service online brokerage houses, announces its collaboration with National E-Governance Services Limited (NeSL), to bring complete digitalisation of the demat account opening proces
Get latest articles and stories on Latest News at LatestLY. To curb the misuse of Power of Attorney (PoA) given by clients to stock brokers, Sebi on Thursday widened the scope of the Demat Debit and Pledge Instruction (DDPI) for pledging and repledging of securities for margin purposes. Latest News | Sebi Clarifies on Guidelines Pertaining to Instruction Slips for Share Pledging.
The framework aims to further reduce the risk for client securities, particularly those provided for delivery obligations.
Get latest articles and stories on Latest News at LatestLY. Capital markets regulator Sebi on Monday put in place a new framework which will prevent misuse of clients' securities and funds by their stock brokers. Latest News | Sebi Puts in Place Framework to Prevent Misuse of Clients' Securities by Brokers.
Securities and Exchange Board of India (SBEI) has extended the deadline for implementation of the guidelines related to pledging and repledging of stocks for margin purpose by two months to 1st September.