Securities and Exchange Board of India (SEBI) on 19th May, 2023 issued a circular regarding ‘Risk disclosures’ with respect to trading in equity Futures & Options (F&O) segment to facilitate informed decision making by the investors trading in derivatives segment. Thereby all stock brokers shall display the ‘Risk disclosures’ on their websites and to all their clients in the manner as specified in the circular.
All Qualified Stock Brokers (QSBs) shall maintain the Profit and Loss (P&L) data of their clients on continuous basis as per format given in the Annexure-II of the paper and shall be retained for 5 years.
The provisions of this circular shall come into force with effect from 1st July, 2023.
