Comment on Intraday leverages reduced across the board

Aashish commented on 05 Jan 2020, 09:26 PM

Dear Nithin
As you said opposing the rule will result in high penalty on brokerages firms but you are going to loose large numbers of clients if once this circular comes in force then you are going to loose big revenue either. so better to come with your clients so that pressure should increase on SEBI.most of the brokerages firm have not come forward with supporting clarification like you.As far as retail traders are concerned for a brokerage firm retail traders are asset of brokerage firms. so all brokerages firm except you are in continuous talk with SEBI so that this rule be rolled back.At least they haven’t supported.

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