What are the major rights and obligations of an investor?
Before entering into a contract with the broker, ensure that he is registered with SEBI. b) Satisfy yourself about the credentials of the broker by asking for information/documents supporting his claims. c) Keep a documentary proof of having made deposit of money or securities with the broker. d) Before activating your trading account, obtain clear idea from your broker about all brokerage, commissions, fees and other charges which will be levied on your trades. e) Furnish details in full as are required by the broker as required in know your client (KYC) norms. f) Ensure that a contract note is issued by the broker which contains complete records of every transaction within 24hrs of the execution of the contract. g) In case pay-out of money and / or securities is not received on the next working day after date of pay-out, follow up with the concerned broker for its release. If it is not released within five working days, ensure to lodge a complaint immediately with the Investors Griev
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- What are the major rights and obligations of an investor?
