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TMI BlogSMS and E-mail alerts to investors by stock exchangesX X X X Extracts X X X X X X X X Extracts X X X X ..... BI has taken steps in the past to address this issue. 2. As an additional measure, it has now been decided in consultation with the major stock exchanges and market participants that the stock exchanges shall send details of the transactions to the investors, by the end of trading day, through SMS and E-mail alerts. This would be subject to the following guidelines: A. Applicability These guide ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... written request of a client, upload the same mobile number/E-mail address for more than one client provided such clients belong to one family. 'Family' for this purpose would mean self, spouse, dependent children and dependent parents. C. Verification by the stock exchanges After uploading of details by the stock brokers, the stock exchanges shall take necessary steps to verify the details by a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ctive stock broker. F. Meeting out the expenses for providing SMS and E-mail alerts The stock exchanges may use the amount set aside from the listing fees for providing services to the investing public, as provided vide SEBI communication dated SE/10118 dated October 12, 1992, to meet the expenses for providing this facility. G. Implementation The stock exchanges shall put in place necessary i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... facility for the awareness of the investors. 4. 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 regulate the securities market and shall come into effect from the date of this Circular. 5. This circular is available on ..... X X X X Extracts X X X X X X X X Extracts X X X X
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