Ignoring them is the best solution
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this issue post run only in moneycontrol and et martkets not in bloomberg quint. maybe rumor or real. anyway it’s a bad dessision from sebi. its worst kind of rules from that shit. first off all control auditors from resigns suddenly.
not some. all are fools in sebi.
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FINRA USA product suitability rules…
EDIT:product suitability check for an individual while opening an account with a broker
To help ensure that customers receive suitable investment advice, firms and their associated persons are required to learn as much about a customer’s investment profile as possible before recommending a securities transaction or investment strategy. The rule thus places an obligation on a firm and associated person to seek information from customers. Customers are not required to provide this information; therefore, the suitability rule provides some flexibility when information is unavailable despite the fact that the firm or associated person asked for it.
“Soft touch” regulation.
EDIT:If SEBI has similar soft touch regulation, then I am ok.
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Yes, on bloomberg quint too from the start. This is not rumor.
See the below news, SEBI vs Brokers on Product Suitability.
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Let’s celebrate on this note 
Now we can call ourselves HNI at least 
But I think you fall in Ultra HNI??
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I think I am Ultra Ultra HNI…only some coins in my wallet right now 
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Hahaha 
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Yeah let’s celebrate 
But I think you must be ultra super HNI
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But Ultra HNI means… HNI se uppar
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Super ultra HNI have few coins only and more of plastic money …which I’m sure you have
Enjoy the feeling of becoming a HNI 
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You are ultra …and super …means super se bhi upar 
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Yeah. You are right
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Hahaha Too much
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@sagar.m No No…this is product suitability check for an individual while opening an account with a broker. But the main point is, the customer is free to disclose his ITR or not. $2000 minimum deposit is bare essential for all brokers.
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GREAT dessision bro
Right.
ARTI is a social media jumla 
everybody wants to be of Kejriwal type…
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SEBI’s upcoming restriction is like… Shooting a car’s tyre running @90 kmph 
SEBI should not impose any restriction on Retail Traders like net worth Or IT declaration etc who have certain level of experience in FNO trading like 1 yr or 6 months or so, who have certain turnover in last 1 yr or who have taken certain number of trades like 20 trades or more.
The restriction should be for the newly opened FNO accounts who will dive in to the Trading World for the first time without any knowledge or experience of consequences. In this way they will be able to target the future vulnerable traders in a better way. What’s the point targeting/teaching the consequences to the retail traders who have already suffered/lost money in stock market.
@Vandana1 @AmbedkarsFinger @ManishAstral @p699 Guys you ppl are doing a great job of at least trying to make an Association for Retail Traders
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Hi! I think you will agree that F&O is a crazy segment, even so for the experts.
So my only concern is that there got to be a filter for preventing greedy newbies(including myself) with inadequate knowledge & capital from burning themselves.
For example to enter F&O segment, one could require to pass a computer based test or something to prove his adequacy of knowledge. Regarding the adequacy of capital, I am not sure what would be best suited. So I take back that ITR thing.
At the very same time, I as a small trader would strongly push the idea of smaller contract sizes. It’s extremely critical affair. Otherwise its only a rich man’s game. If anyone of you is sending any letters to SEBI, please include this matter also.
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This is the most perfect description of current situation.
@sbhartiya4 When we have deposited margin money, nothing else is required. Period !
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