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

sameer kalgutkar commented on 07 Jan 2020, 06:47 PM

“Almost all online brokerage firms today have POA on demat, so ideally when selling shares, no margin will be required. But wherever POA is not there (all our new accounts are non-POA accounts and we will soon give an option for our POA accounts to switch to non-POA) ”

1. This is confusing – from the first statement i guess it is good to have POA for smooth operation. Then why encourage POA clients to go Non-POA
2. How to check accounts POA status

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