Sebi tells brokers to provide stock trading documents in 15 Indian languages

Amid the government talks with global tech giants to let Indians have email IDs in their local language, markets regulator Sebi has directed all intermediaries in the securities market to start communicating with the investors in vernacular languages, in addition to Hindi and English.

To start with, Sebi has asked intermediaries that documents stating the rights and obligations of brokers, disclosure about risks, as well as the dos and don’ts of stock trading should be available in 15 Indian languages.

All documents are to be made available on the websites of the the intermediaries in Assamese, Bengali, Gujarati, Hindi, Kannada, Kashmiri, Konkani, Malayalam, Marathi, Oriya, Punjabi, Sindhi, Tamil, Telugu and Urdu for both existing and prospective investors.