PolicyMoneycontrol
Brokers oppose SEBI proposal on erroneous trade profits
Negative-60
GreyOak summary
SEBI is considering a proposal to divert net profits from erroneous trades to the Investor Protection Fund (IPF), while brokers must bear all losses. Brokers oppose this, arguing it restricts operational flexibility and lacks certainty regarding profit generation. The regulator aims to remove economic incentives for misuse of error accounts.
What it affects
- SEBI regulationNegative -60
SEBI proposes diverting erroneous trade profits to IPF.Rolling sentiment Positive +22
