Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Empowering Investors: SEBI's New Framework for Enhanced Trading Account Security

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Investments by Investors- Facility of voluntary freezing/ blocking of Trading Accounts by Clients The SEBI Circular, referenced as SEBI/HO/MIRSD/POD-1/P/CIR/2024/4 and dated 12th January 2024 , introduces significant changes aimed at enhancing the safety and ease of doing investments for investors in India. This circular is addressed to all recognized stock exchanges and registered trading m .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... SEBI has decided to implement a framework for trading members to provide a voluntary account freezing/blocking facility to their clients. This is to be established by April 1, 2024. Details of the Policy : The policy will encompass: Modes through which clients can request the blocking of their trading accounts. Process for acknowledging these requests. Timeframe for proc .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... gulations, 1992 . Implications and Impact Investor Empowerment : This move significantly empowers investors, giving them more control and security over their trading accounts. Prevention of Fraudulent Activities : The ability to quickly freeze or block an account can prevent potential fraudulent transactions. Ease of Doing Business : This initiative aligns with the broader g .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates