Comment on CDSL introduces PIN-based pre-authorisation for selling stocks
commented on
28 May 2020, 06:14 PM
Quoting US/UK conveniently because the process is lengthier doesn’t invalidate AQ’s argument.
Actually, when he says the burden should be on the exchange instead of broker, it is very right.
then they can have uniformity and transparency.
1st you give all the burden to the broker, then broker scams and everyone is blaming the other.
Z and others brokers job is to provide a good trading experience, instead it will also have to fight with Bureaucracy like on the STT trap etc.
AQ is 100% right, exchange/SEBI don’t want to take on any work and just dish out half-baked guidelines.