https://www.taxtmi.com/article/detailed?id=629 SEBI requires brokers to register clients by written agreement and maintain an indexed client file with mandatory documents-Member Client Agreement, KYC and Risk Disclosure Document-in prescribed formats. Brokers must adopt and disclose policies on order refusal, exposure limits, brokerage, penalties, sale/close-out on default, shortages, account suspension and deregistration. Running-account authorizations must be written, client-signed, annually renewed and allow client revocation, with periodic settlement and statement of accounts; electronic contract notes require client-written authorization and client-controlled email. Brokers must provide executed-document copies promptly, display client information on secure portals, obtain consent for agreement changes, and send an annual hard-copy balance statement. en-us Thu, 07 Jan 2010 00:00:00 +0530 Thu, 07 Jan 2010 08:20:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=629 SEBI requires brokers to register clients by written agreement and maintain an indexed client file with mandatory documents-Member Client Agreement, KYC and Risk Disclosure Document-in prescribed formats. Brokers must adopt and disclose policies on order refusal, exposure limits, brokerage, penalties, sale/close-out on default, shortages, account suspension and deregistration. Running-account authorizations must be written, client-signed, annually renewed and allow client revocation, with periodic settlement and statement of accounts; electronic contract notes require client-written authorization and client-controlled email. Brokers must provide executed-document copies promptly, display client information on secure portals, obtain consent for agreement changes, and send an annual hard-copy balance statement. Articles Corporate Laws / IBC / SEBI Thu, 07 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=629