What Really Happens if Your Stock Broker goes BUST?? goes BUST??
How Your Stock Broker Might be Looting You? - They might be asking you to place trades which might not be beneficial - Make you concentrate on one particular trading segment - Execute trades from your account without using your consent - Improper and illegal use of your Power of Attorney (PoA) - Get you confused with exposures provided
What happens to My Stocks and Money? Nothing Really! Your money is as safe and sound. - Indian Stock Market is a very Regulated market - All stock brokers are registered members of SEBI (Securities And Exchange Board Of India) - SEBI does regular checks and audits on stock broker accounts and overall wealth grades.
What is being done to Keep Brokers in Check? - Retailers have lots of power when it comes to Security. You can claim as much as â‚š15 Lakh through IPF in case your claim comes right! - SEBI has put huge entrance deposit cost for a firm to register itself as a stockbroker - Strict financial disclosures to be made every year - A Stock broker, by law, cannot place any trades without your consent.
Has there been Instances of Stockbroker Busting Out?
Few Expelled and Defaulters...
What can I do to save myself from getting Cheated?
Now What? -
Visit www.adigitalblogger.com/free-call-back-broker-choice/
-
Provide your details
-
Requisite call-backs will be set up for you
/adigitalblogger