Don't discriminate against blind investors: Sebi to brokers Press Trust of India | New Delhi May 13, 2015 Last Updated at 12:42 IST
Capital markets regulator Sebi and stock exchanges have warned brokers against any discrimination in providing trading and investment facilities to visually challenged people. The regulator's move follows complaints that some brokers were showing resistance in providing service to the visually challenged persons, citing excuses that the KYC and trading account opening procedures make it difficult for such investors to enter the stock markets. Following representations made to Sebi in this regard, the regulator has said that "there shall be no restrictions for a visually challenged person in getting registered as a client for trading/investing in the securities market, subject to the compliance requirements". To ensure compliance by brokers, the Securities and Exchange Board of India (Sebi) has asked the stock exchanges to inform their members about this matter. Consequently, top exchanges NSE and BSE have communicated to their members through separate circulars that they should render all possible assistance to the visually challenged persons for registering as clients. "...Trading members are advised that there shall not be any restrictions for visually challenged person in getting registered as a client for trading/investing in the securities market including online facilities to the visually challenged persons without any discrimination," BSE said in its circular. Separately, NSE said in its circular said, "Members are advised to offer trading/investment facilities to the visually challenged persons without any discrimination and render all possible assistance to such persons for registering them as clients. Source : http://www.business-standard.com/article/pti-stories/don-t-discriminate-agai nst-blind-investors-sebi-to-brokers-115051300459_1.html Regards, Nilesh Register at the dedicated AccessIndia list for discussing accessibility of mobile phones / Tabs on: http://mail.accessindia.org.in/mailman/listinfo/mobile.accessindia_accessindia.org.in Search for old postings at: http://www.mail-archive.com/[email protected]/ To unsubscribe send a message to [email protected] with the subject unsubscribe. To change your subscription to digest mode or make any other changes, please visit the list home page at http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in Disclaimer: 1. Contents of the mails, factual, or otherwise, reflect the thinking of the person sending the mail and AI in no way relates itself to its veracity; 2. AI cannot be held liable for any commission/omission based on the mails sent through this mailing list..
