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Sebi directs exchanges to provide registration documents in regional languages

Information in regional languages will help investors in knowing their rights and obligations, also bring uniformity and transparency in the entire procedure

Sebi slaps Rs 1 crore fine on Classic Global Finance
BS Reporter Mumbai
Last Updated : Aug 01 2016 | 7:09 PM IST
In a bid to help retail investors understand the securities market better, capital market regulator Securities and Exchange Board of India (Sebi) has decided to provide client registration documents in 15 vernacular languages.

The registration documents include rights and obligations of stock broker, sub-broker and clients, uniform risk disclosure document (for all segments / exchanges) and guidance note (do's and don'ts for trading on exchange).

Information in regional languages will help investors in knowing their rights and obligations, also bring uniformity and transparency in the entire procedure.

Sebi has directed stock exchanges to make the document available in vernacular languages. This includes Assamese, Bengali, Gujarati, Hindi, Kannada, Kashmiri, Konkani, Malayalam, Marathi, Oriya, Punjabi, Sindhi, Tamil, Telugu and Urdu to clients through their members and also to make it available on their websites.

Besides, stock brokers have also been advised to make available these documents to their clients on demand and also display the same on their own websites. The documents are said to be available on all the national stock exchanges.

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First Published: Aug 01 2016 | 6:52 PM IST

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