Comment on On the Karvy Issue

can’t the broker sell these units because there’s a lien to NC
If there’s a lien marked, only NCL can invoke the lien if there’s a need, a broker can’t. A broker can still remove the lien and sell if he wants to.

is only post-facto right
Yup, while its post-facto, just being aware of the transactions happening on your account allows you to fix any wrongdoings. Most instances where clients end up getting defrauded are where they’ve paid no heed to the information shared pertaining to their account.

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