Need some suggestions, this episode happened a couple of years back.
Long story short, my account was maintained by an RM in Edelweiss. He acted in his own interest without my consent, took some positions and to cover the loss. He shorted some of the stocks I had as my holding.
I escalated the issue back then, there were emails exchanged with an agreed timeframe of 3 months to recover my loss, but I had some family issue, and my absence in India made me not to follow up.
Now, I am planning to take up the matter further. I would like to know if there is any clause defined by SEBI that protects us under these circumstances.
Please suggest. Thanks in advance.
Long story short, my account was maintained by an RM in Edelweiss. He acted in his own interest without my consent, took some positions and to cover the loss. He shorted some of the stocks I had as my holding.
I escalated the issue back then, there were emails exchanged with an agreed timeframe of 3 months to recover my loss, but I had some family issue, and my absence in India made me not to follow up.
Now, I am planning to take up the matter further. I would like to know if there is any clause defined by SEBI that protects us under these circumstances.
Please suggest. Thanks in advance.
