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If I comment in one of the brokers thread, I am supposed to be a big broker who is bad mouthing. Hence created a thread.
Basically wants to stop the practice of charging upfront brokerage and this has been in discussion for a bit. Looks like the time is around.
In one of my posts what I had writtend is exactly what the SEBI has mentioned. Brokerage can be charged only after a service has been provided and not before.
What I want to know is what do all the brokers who are practicing are planning to do? The reason I am posting here is because there are a lot of them active on the forum.
These guys might come and say, we are charging so little 500/month, 1000/month or whatever while they are talking about people who collect 10000/month.
You steal a small earphone or you steal a big screen TV, you are still stealing aren't u??
My question is directed only at the brokers..