Question

In light of recent regulations, how has the SEBI circular amended the handling and distribution of securities to clients by brokers? The new directive aims to revise the traditional procedures to bolster transparency and safeguard investor interests. Consider the following options:

A Securities must be pooled by brokers before being paid out to clients.
B Direct payout of securities to client demat accounts, replacing the practice of pooling by brokers.
C Securities must be held by brokers for a minimum of 30 days before payout.
D Clients must now directly handle all pay-in transactions.
E Securities can only be paid out through a central depository.
Practice Next

Hey! Ask a query