Most Important Terms and Conditions (MITC) - uniform documents for formalizing the broker-client relationship

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..... Conditions (MITC) 1. SEBI has prescribed the following uniform documents for formalizing the broker-client relationship, as per clause 20 of Master Circular on stock brokers dated May 17, 2023: i. Account opening form ii. Rights and obligations iii. Risk disclosure documents iv. Guidance note v. Policies and procedures vi. Tariff sheet A copy of these documents is requ .....

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..... same, as above, in whole or in part, then SEBI, may, at its discretion, publish standards in respect of the same. 6. In view of the above, additional clause 20.1.6 may be incorporated in the master circular and 20.4 of the master circular stands amended as under. 20.1.6. Most Important Terms and Conditions 20.4 ....in the future. The client would also be required to give acknowledg .....

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..... n their monthly development report. 10. This circular is issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with Regulation 30 of SEBI (Stock Brokers) Regulations, 1992 and Regulation 51 of Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 , to protect the interests of i .....

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