Sebi Circullar


Super Moderator
sachinrs said:
My Broker Told Me Tht I Cant Trade Until I Gv Them Pan. I Dont Hv Any F&o Position. Will I Be Penaltied If I Trade? Pls Help
It is mandatory to have a PAN card to open a F & O trading account with any broker.

If you do not have one as yet you can apply for one. You can get more info online at
I have 3 positions from dec option.i dont have a pan. will my position be automatically squred off on the last day of dec?. can any one pl. clarify for me. thank you.

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