InvestorQ : What are the investor rights and obligations in the stock markets?
Anu Biswas made post

What are the investor rights and obligations in the stock markets?

Answer
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Neelam Naik answered.
1 year ago


As an investor in the stock markets, the following are your rights:

Get Unique Client Code (UCC) allotted

Get a copy of KYC and other documents executed

Get trades executed in only his/her UCC

Place order on meeting the norms agreed to with the Member

Get best price

Contract note for trades executed

Details of charges levied

Receive funds and securities on time

Receive statement of accounts from trading member

Ask for settlement of accounts

However, as an investor, you also have certain obligations, which can be listed as under:

Execute Know Your Client (KYC) documents and provide supporting documents

Understand the voluntary conditions being agreed with the member

Understand the rights given to the Members

Read Risk Disclosure Document

Understand the product and operational framework and deadlines

Pay margins

Pay funds and securities for settlement on time

Verify details of trades

Verify bank account and DP account for funds and securities movement

Review contract notes and statement of account

In case of any grievance, investors have the following rights:

Take up a complaint against member with the Exchange

Take up a complaint against listed company

File arbitration against member if there is dispute

Challenge the arbitration award before court of law

In case of any grievance, investors have the following obligations:

Take up complaint within reasonable time

Complaint to be supported by appropriate documents

When additional information is called for provide the same

To participate in resolution meetings