Excited For IPOs? Govt Releases Dos, Don’ts & Warnings For Indian Investors (Full List)
The Securities and Exchange Board of India (SEBI) announced an investor charter on November 17, 2021, which was recommended in the Union Budget 2021-2022 to safeguard investors against financial product miselling.
This charter is specifically for the Indian securities market which signifies investor rights and duties, as well as the dos and don’ts of securities market investing.
The charter has been published to protect the “interests of investors by enabling them to understand the risks involved and invest in a fair, transparent, secure market, and to get services in a timely and efficient manner”.
Are You A Investors? Do You Know Your Rights?
You will be and you should be treated in a fair and equitable
Investor issues registered in SCORES (Sebi Complaints Redress System) should be resolved promptly.
If you deal with SEBI-registered intermediaries/regulated firms and SEBI-recognised market infrastructure organisations you are bound to get quality services.
What Responsibility You Have As A Investor?
Deal solely with SEBI-registered intermediaries/regulated firms and SEBI-recognised market infrastructure organisations.
There are fees involved in the transactions so always update your address, mobile number, email id, nomination and other KYC details in case of any changes.
Only Appropriate entities should handle the issues that too in a reasonable time frame.
Things You Should Know Before Investing Your Money
Every time you decide to invest, read the documents and go through the terms and conditions properly. Research about the risk involved and then goes forward with the investment. Also keep in mind, also fees, charges involved in the transactions.
Always keep a copy of the transaction-related documents. You must be aware of your account statements and check if there is any discrepancy. Think before you make a transaction in cash in securities market investment that exceeds the statutory limit.
Any kind of password and account information should be private, avoid sharing it with everyone.