Sebi plans to cap our margin on our net worth

They just have to decide whether to auto sell last in first out or first in first out of the stocks in order to bring the holding value to retailers back to networth

All else decided by viswanathan team.

So now in order to invest more SEBI promotes buying loss making scrips. That way holding value will keep on going below networth automatically and we can pile a big bag of junk stocks

Start dancing from tomorrow

Bahut na insafi ho raha bhai… SEBI ko lekar sab pareyshan hain. Chniti se lekar hatti taak…

:man_facepalming::man_facepalming::man_facepalming::man_facepalming::man_facepalming:

Nice step to make callgirls legal ha ha.its ther work for a living. Includes lot of fun

Why not ask for disclosure of details about pet dogs and cats while we are at it. The country is working on paranoia, it seems that all they want to do is surveil the population in whatever way possible and by conjuring whatever reason they can to justify such acts. And they cannot even keep our data safe. We will soon have our own NSA-type fiasco. Or maybe its already happening…

SEBI listens only after , If NRI’s start washing !!

SEBI is live…

Story so far:

  1. MF Expense Ratio capped at 2%

  2. MF upfront model of commission replaced by trailling model

  3. Exchanges not showing enthu for changes in Market timings

  4. Today SEBI realises the serious advent of Insider Trading and feels powerless, even wants to tap WhatsApp. Ha ha ha! Where were you Mr. Tyagi since SEBI’s foundation?

  5. FPIs ney apna Association banakey SEBI ko achha dhoya isliye KYC relief for them

and

Trading ka boriya bistar uthayo aur MF karo…SIP sahi hai !

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And what SEBI is doing on:

There are countless other issues on which SEBI is simply silent. Restricting minority retailers will help nobody.

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No news about net worth rule? Have they scrapped the idea or are they just keeping us waiting. Sadist SEBI ? :rage:

Yes m also waiting for same refreshing SEBI site continuous basis but no pdf uploaded yet

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Went through the pdf No mention of netwoth requirements for retail traders

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The SEBI Board Meeting PDF
https://www.sebi.gov.in/media/press-releases/sep-2018/sebi-board-meeting_40347.html

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sabar ka fal meetha hota hai!

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Until next year election commences no such Net Worth BS to be implemented. Let see what happens next year around this time…

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The net-worth criteria was a part of the meeting but as an extension to prevent Insider trading.

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P S read with sarcasm out of frustration

@MaverickRabidDogIa

Why u r in a hurry…be patient…viswanathan and his dance party is keen on bringing networth rule at any cost…no board meeting or anything…one fine morning they will impose the rule giving a dead line to bring networth certificate…then like companies auditors resigning individual auditors may also resign…

Only thing that bothers viswa now is the auto selling part when a persons holding value exceeds the networth due to accidental profit amount…that time viswa has to auto sell ur shares to bring down the holding value right? For such a auto selling shall viswa sell first in first out or last in first out? That is what is bothering him now… Viswa wants to implement all rules in a single strike like sixer… So allow him some time

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Hope ur wrong :rofl: :rofl: no sarcasm here

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My Take on ASM, Increasing Lot Size, and Linking ITR/Net Worth to Exposure:

Linking New Worth to Exposure:
Outrightly wrong, and with malicious intention to cut out retail from markets. Also illegal, and against the fundamental rights of citizens to financial freedom and economic equality.

ASM, Incresing Lot Size:
These are also very bad steps and also illogical and not at all sound. The purpose of margins should be to cover the market risk, and nothing else. Any margin above that is required to cover the market risk and volatility just makes no sense. The only purpose it attains is to reduce positions taken by retail. Here are some questions which need to be answered. 1) Why should lot size for SBI be 3000, why it should not be 250 or 500 or 1000? 2) Also if 15% margin is sufficient to cover market risk, why should the margin be 20% or 25%? 3) how can small investors, who have 500 shares of SBI, how can they hedge their positions? Is there any good, logical answer to these three questions. If not, then clearly these steps are not done for welfare of people of India.

If it was in my control, I would reduce F&O lot sizes to 1 lakh per lot. And keep margins at 10-20% depending on whatever is sufficient to cover risk properly. This will not only enable more and more people to trade, this will also mean that even small investors can also hedge their portfolio. The purpose of markets should be to enable even smallest investor to trade or hedge.

Also all these steps which limit retail (ASM, Increasing Lot Size, Linking Net Worth ITR to Exposure etc etc) will make markets more inefficient and more prone to frauds and manipulations. These restrictions means pushing retail money towards mutual funds, which means two things: 1)easy money for mutual funds, 2) less competition to mutual funds from good retail traders. This will make mutual funds also reckless and they will play havoc with retail money, and loose it very big in the markets. Overall the citizens of this country will become victims due to these restrictions, and also the financial markets will become more inefficient. Very big lot sizes, unnecessary margins then required, and other such steps to limit retail are just regressive steps, and nothing else. Or else someone needs to justify the reasons which prove these steps are good. I haven’t seen any logic or good points from SEBI or anyone which can justify these steps to limit retail users.

In summary, the lesser the lot sizes, the lesser the margins but enough and sufficient to cover risk, the more even the smallest retail investor is able to participate in markets, the more inclusive markets are of smallest of investor, the more better it is for efficiency of financial markets, the better it is for retail investors, the better it is for economy, the better is it for common people investing in mutual funds.

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@vikas1970 take a step back and relax

Don’t jump to fno segment

Sebi is going to bring networth limit even for pure cash segment. If ur ITR return is for 10 lacs you can keep ur portfolio maximum 10 lac only.
Suppose u make a 2 lac profit and ur curent holding value becomes 12 lacs viswanathan and team will come and auto sell ur shares to bring down ur holding value to 10 lacs

Even intraday turnover should be within ur maximum networth

First we should worry about equity cash ban. F and O is already our of reach.

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