Sebi extends deadline to implement guidelines on instruction slips for share pledging"In view of the representation received from depositories and that the changes to the systems are still under process, it has been decided ...
Sebi issues fresh guidelines to curb misuse of clients' Power of AttorneyThe execution of the document -- Demat Debit and Pledge Instruction (DDPI) -- will also be applicable for pledging or repledging of securit...
Investment advisers cannot manage funds, securities on clients' behalf: SebiSuch advisers can only provide investment advise to clients, the regulator said.
Depositories, Clearing Corps say new margin pledge process now stabilized“The transition to a new margin pledge process with a significant amount of margin pledges / repledges has now stabilised. Settlements for ...
Depositories, clearing corps say new margin pledge process 'fairly stabilized'“Significant amount of margin pledges/repledges continue to be processed seamlessly since September 1, 2020. The new margin pledge process ...
Why have Sebi new margin rules caused so much chaos on D-StreetBrokers are pushing clients to pledge a portion of their shares. This is to ensure that whenever clients decide to do a quick trade, they a...
Sebi bars use of client PoA as margin equivalent from June 1It also said title transfer of securities to client collateral demat account of the trading member for margin purposes would not be permitt...
No restriction on broker’s power of attorney: SebiThe clarification came after a media report said that the market regulator has discontinued the use of POA.
Karvy Group splits business into two verticalsKarvy has also appointed Amitabh Chaturvedi as the company's group chief executive for financial services.
Karvy case: SAT asks Sebi to pass order by Jan 15 on Axis Bank's pleaThe tribunal modified its earlier directive passed on December 17, wherein it had asked the markets watchdog to pass an order within 15 day...
Be careful in executing PoA with stock brokers: NSE tells investorsThe latest communication comes against the backdrop of Karvy Stock Broking case.
How brokerages misuse clients’ power of attorneys & how can investors protect themselvesThe shock wave is not limited to such clients alone, but also to the lending community.
Geojit says not under any Sebi probeAt present, the brokerage has more than Rs 38,000 crore worth assets under custody and management.
Sebi declines Karvy's plea to use PoA for settling clients' pay-in obligations to exchangesSebi had barred Karvy from taking new clients in respect of its stock broking activities.
Karvy Stock Broking scandal: How retail investors can safeguard against such fraudsThe Karvy Stock Broking demat account fraud has shaken the trust of retail investors in their brokers. However, the question is to what ext...
How to safeguard against demat account fraudPotential for demat account frauds is low today but investors need to remain vigilant as unscrupulous brokers intent on cheating do find wa...
- Good show, SEBI
SEBI has done well to focus on power-of-attorney mandates.