Comment on Why the new SEBI circular on margins in cash segment won't affect you

Shubham commented on 18 Dec 2019, 07:23 PM

Sir, from this margin rule, for the sale transactions, work load increase because non poa clients saleable holdings must be transfered on same day or in advance or client will give the margin, if they can’t broker will give the penalty and for poa clients it will become mandatory for broker to debit/block the shares in client account as soon as possible. And for buy transactions specially intraday, client will give margin forcefully for short period means time/bank txn charges will become wastage. From all these things, we reached only one conclusion broker’s work will increase/salary cost increase and after some time that will give impact on brokerages plans offer to client.

View the full comment thread »