March 2021 was dreaded by the broking community due to the significant reduction in intraday leverage (2x) as mandated by SEBI. The first phase of the peak margin implementation that came into effect in December 2020 allowed brokerages to offer... (More)

Some points:

1. Brokers cannot pledge clients' Demat holdings without their knowledge anymore.
2. Demat holders/clients will have to pledge/un-pledge directly.
3. The brokerage industry asked for an extension of timelines citing operational challenges to implement the changes on such short notice, SEBI... (More)

The year 2020 has been an unimaginable roller coaster ride and will be remembered for times to come! From the debilitating effects of Covid19 to the crazy market volatility during the ensuing lockdowns to a slew of sweeping reforms undertaken... (More)