SEBI Update: SMS & Email Alerts Guidelines for Stock Brokers
SEBI Capital Market and Securities Laws Update:
SMS and E-mail alerts to investors by stock exchanges (December 03, 2024)
Stock Brokers shall ensure that separate mobile number/email address is uploaded for each client. Based on the representation received from Brokers’ Industry Standards Forum (ISF), SEBI vide this circular has clarified that, under exceptional circumstances, the stock broker may, at the specific written request of a client, upload the same mobile number/Email address for more than one client provided such client belong to one family (in case of individual clients) or such client is the authorised person of an HUF, Corporate, Partnership or Trust (in case of non-individual clients).
For details: https://lnkd.in/g2vnfnwB
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