Truth of BO and CO Must watch
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So that people refrain from trading/investing activities & put their amount in FD. So that bank can compensate thefts made by people like nirav modi.
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if this regualtion comes into effect it will open a pandoras box of technical issues…ur doubts are jst tip of the iceberg,odr issues like joint acc exposure,huf exposure , resposibility of due dilligence jst to name few
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Lol ! 
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Nice 
Hopefully IDFC bank doesn’t wants to loose thousands of potential retail customer due to some nonsense SEBI proposals. They have just started offering this wonderful 3 in 1 account and this will surely bring many prospective retail traders.
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long overdue …jst hope that we are not wiped of by sebi before this takes shape
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@nithin @udayan_ghatak @Vandana1 @ManishAstral @AmbedkarsFinger
NSE is pro retailers.
Zerodha and IDFC partnered ? Nice to hear that Zerodha is going places. Maybe I will open an account with IDFC, lets see !
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Finally someone with some real brains and senses. This alone will give me some peace this weekend. Thank you kind sir. 
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And he also mentions the convenience of smaller lots
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is this a recent article?
Where’d you get this stuff and when this is from?
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I guess Business standard few days back…
Can bring back dabba trading
Such a step by SEBI could even push market players towards ‘dabba trading,’ or the infamous bucket shops where order matching is done off the exchange platform and settlement is via cash.
Brokers say that the point of the net worth criterion is ‘blunt’ when one sees it in the light of upfront margin requirement and lot sizes that are already stipulated by SEBI. Margin is the minimum amount of money initially collected from clients to allocate position that is strictly monitored by exchanges and clearing houses.
Brokers also say it could ensure the institutional monopolisation of the capital market at the expense of the country’s small investors who are being pushed either to mutual funds, which too are marred by high costs, or the grey market. Further, such a scheme could drive up the compliance cost and there would be clients unwilling to share data on their assets and liabilities.
“Over-regulation often leads to higher compliance cost and could be counter-productive for the markets,” said Deven Choksey, MD, KR Choksey Investment Managers.
“Stock brokers catering to retail clients would have a tough time as the compliance cost — like that for maintaining call records — was anyway eating into their business,” said Sudip Bandyopadhyay, Group Chairman, Inditrade Capital.
Retail position in excess of ₹10,000 crore may be outstanding currently in India’s equity derivatives market.
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SEBI, in its document titled “Measures for Rationalization and Strengthening the framework of Equity Derivatives Market” available at link
https://www.sebi.gov.in/sebi_data/meetingfiles/apr-2018/1524050694434_1.pdf has admitted in point 4.10.4 that margin framework put in place in 2002 has functioned well with clearing corporation being able to ensure that markets continue to function with minimal counter party defaults. The margin framework has been anyways strengthened further recently.
So when traders have been able to meet their margin requirements and settlement obligations, then why SEBI is trying to fiddle with the situation and trying to route them off market?
When this issue needs to be taken up through the legal route, the points of livelihood of traders, freedom to deploy one’s capital to the legal ventures on one’s choice, access to a level playing field and the SEBI’s own admission in point 4.10.4 in above document must be included in traders’ arguments.
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Yes Anil, precisely!
What appears to me is that more than SEBI’s predicament, all this have been a Media stunt in order to puke fear into the Retail community amidst Market recording new-heights or to enhance their Engagement metrics.
In its true essence, SEBI’s concern - and rightfully be - for the over-smart testosterone driven
newbie gamblers who to their dismay mostly get slaughtered in the Markets and turn to bad-mouth about something they never understood in the first place and simply speak ill of the Market products (especially Derivatives) cannot be, rather, should not be enforced on seasoned Retail Investors or Traders.
Good news is that there are high-profile bureaucrats who understand the repercussions of choking Retailer’s neck. Very particularly Vikram Limaye’s recent Business Standard article is a great sigh of relief.
On my personal quest have spoken to three different decision makers from different Brokerage firms; although, it does not make any difference, but, have been assured that there are some ongoing discussions going on inside their forums in regards to this. But obvious, if SEBI’s recent proposals are brought into reality, Brokerage industry will be the first to take the hit - loss of revenue, added paperwork are few to mention. And in the chain of events the whole Economical system will get the hit including SEBI. Everybody knows that, even SEBI.
SEBI’s new proposals are unfathomable and unhealthy for the economy. In other words, you are saying that everybody’s driving License shall be snatched and deemed worthless because some rookie drivers are driving recklessly and causing accidents. That is an unrealistic discriminating unconstitutional approach against Citizen’s Right.
Let us see what happens, in the interim let us increase our worth by
Happy Trading!
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Its proven now that SEBI = tuglaq !
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the article says sebi will include equity investments also in this new rule…what the hell is wrong with this organisation
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Everything is wrong with it… Every damn thing…
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Its quite apparent that MF guys are lobbying hard and SEBI is just talking nonsense as usual. Why would a learned trader prefer Mutual Funds ? Ask him this one question and he probably would just mutter away.
MF lobbying and on the other hand CA and ITR guys lobbying and SEBI sees this as a perfect oppurtunity to fill their pockets in an exponential manner. And afterall who else to attack and suck all the blood from other than them poor retailers.
Actually SEBI with all its non sense rules like huge lots , high STT , illogical penalty is the main source of losses for most retailers. If the lots were reasonable and STT were somewhat decreased to a reasonable amount many traders would soon see profits or atleast be breakeven.
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