Simplification of Account Opening Kit

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ning Kit 1. Presently, a stock broker/ depository participant is required, in terms of SEBI circulars: (a) No. MIRSD/ SE /Cir-19/2009 dated December 3, 2009, (b) No. CIR/MIRSD/16/2011 dated August 22, 2011, and (c) No. CIR/MIRSD/12/2013 dated December 04, 2013, to provide a copy of the following standard documents, which are part of the account opening kit,to the clients: a. Rights Obliga .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ient shall be sought as part of the account opening form. In case the documents are made availablein electronic form, stock broker/ depository participant shall maintain logs of the same. 3. It is also reiterated that stock exchanges / depositories / stock brokers/ depository participantsshall continue to make the aforesaid documents available on their website and keep the clients informed abou .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... niformity in approach;and c. monitor the compliance of this circular through half-yearly internal audit and inspections of stock brokers/ depository participants. 7. This circular is issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the development of, and to re .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X