The Multi Commodity Exchange Clearing Corporation Limited (MCX) on March 18, 2025, notified regarding the Investor Charter for Stock Brokers.
The following has been stated namely: -
• It states that the SEBI has modified the Investor Charter for stockbrokers, emphasizing the need for stockbrokers to upload the charter on their websites, make it visible in their offices, and provide it to clients as part of the account opening kit. The charter shall be communicated to both existing and new clients through various channels such as emails or letters.
• It notified that the Stockbrokers are also required to disclose investor complaints and their redressal status on their websites by the 7th of every succeeding month and this disclosure should follow the format specified in the SEBI circular dated February 21, 2025. Strict adherence to these compliance requirements is mandated.
[Circular No. MCX/ISD/133/2025]
