https://www.taxtmi.com/circulars?id=58326 DMA use is permitted by clients directly or through SEBI registered investment managers who may execute documentation on clients' behalf; standard Terms and Conditions replace specific Broker Client DMA agreements (Annexure I), with Part A for direct clients and Part B for investment manager routed orders and additional investment manager details in Annexure II. Brokers must authorize clients/investment managers after KYC and due diligence, validate DMA orders via risk systems, may reject or withdraw DMA for breaches or misuse, and disclaim liability for client side compromises, system failures, vendor transmission risks and service availability. en-us Thu, 02 Aug 2012 00:00:00 +0530 Fri, 14 Dec 2018 18:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58326 DMA use is permitted by clients directly or through SEBI registered investment managers who may execute documentation on clients' behalf; standard Terms and Conditions replace specific Broker Client DMA agreements (Annexure I), with Part A for direct clients and Part B for investment manager routed orders and additional investment manager details in Annexure II. Brokers must authorize clients/investment managers after KYC and due diligence, validate DMA orders via risk systems, may reject or withdraw DMA for breaches or misuse, and disclaim liability for client side compromises, system failures, vendor transmission risks and service availability. Circulars SEBI Thu, 02 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58326