The Bombay Stock Exchange (BSE) on July 10, 2024, issued a notification regarding the facility of voluntary freezing/blocking of Trading Accounts by Clients.
The following has been stated: -
•The trading members are advised to formulate a policy in line with the framework prescribed by the Exchange and members are also advised to provide the facility of voluntary freezing/blocking the online access of the trading account to their clients with effect from July 01, 2024.
•The Exchange has made necessary provisions in BEFS to submit the status of compliance by the trading members to the above-mentioned requirements and the procedure for submission of the same has been explained in the user manual attached as Annexure A.
•The trading members are required to submit the compliance by July 22, 2024.
[Notice No. 20240710-2]
