Jaago Investor Jaago !! – What The New SEBI Announcement Means For You
Securities and Exchange Board of India (SEBI) is responsible for overseeing the regulation of all participants in the Indian capital market. It tries to safeguard investors’ interests and grow capital markets by implementing a variety of laws and regulations. In the wake of increasing frauds related to the share market, SEBI has been trying to make regulations more robust to protect investors. In this regaird, the most tricky aspect for SEBI to deal with has been fraud related to unclaimed shared and unclaimed dividends , especially in the physical shares format. This change will help reduce the danger of fraud and manipulation in the physical transfer of securities by unscrupulous individuals. Furthermore, holding shares in demat form simplifies and secures transactions for investors. With that in mind, SEBI recently released a new notification. SEBI ISSUES NOTIFICATION FOR INVESTOR PROTECTION SEBI issued Circular No. SEBI/HO/MIRSD/MIRSD RTAMB/P/CIR/2021/655 on November 3, 2021,