Hi ,
My broker allows certain symbols for purchase (different from SEBI / Exchange bans) . This is done by their RMS teams probably to protect investor interest . On discovering inability to place trade , I have to call broker contact , he contacts HO etc (whole lot of time waste and potential money loss) .
But I want to know
1. Do other brokers also do this .
2. Are there SEBI rules governing this aspect as to proactive communication with reasons .
3. If there are any rules , is anybody following it.
My broker allows certain symbols for purchase (different from SEBI / Exchange bans) . This is done by their RMS teams probably to protect investor interest . On discovering inability to place trade , I have to call broker contact , he contacts HO etc (whole lot of time waste and potential money loss) .
But I want to know
1. Do other brokers also do this .
2. Are there SEBI rules governing this aspect as to proactive communication with reasons .
3. If there are any rules , is anybody following it.