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of <h1>SEBI mandates stock exchanges to send daily SMS/email alerts on trades to investors, enhancing protection and transparency.</h1> SEBI has mandated stock exchanges to send SMS and email alerts to investors detailing their daily transactions to address complaints of unauthorized trading. Stock brokers must upload clients' contact details, ensuring accuracy and separation from brokers' personal information. Exchanges will verify these details and commence alerts upon confirmation. Discrepancies will be reported to brokers. The service expenses will be covered by listing fees. Exchanges must implement this within four months, update regulations, and report progress to SEBI. This initiative aims to protect investors and enhance market regulation, effective immediately from the circular's date.
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