Whispers Forum — 2 Dec 2020
DEBATE (1)
Political wisdom is with Kapil Sibal.He will however not been acceptable to the “Chamchas”.
G K Nadir
DEBATE(2)
A visionary Kamal Nath who is considered Gandhi family loyalist can be a unanimous choice.
Anjani Kumar
Broker defaults in Stock Markets
There have been number of Broker defaults in Stock Markets. Result is Shares of Clients have been sold and huge losses suffered by Individuals and no recourse to recover barring FIR for cheating. The Power of Attorney given to Brokers is often misused.
A Suggestion to curb this would be to abolish all depositories including Stock Holding Corporation And Have BSE and NSE only as Depositories.
This would enable faster Clearance mechanism and finish any Risk of defaults by Brokers running their own Depositories.
Banks having online trading and Depositories would similarly have to surrender their Depositories mandate.
Hope this suggestion is accepted by SEBI to:
A: Speed up clearance mechanism and enable T+1 to be implemented,
And,
B: Finish possibilities of any Broker defaults.
Ajay Agnihotri
Bureaucracy knows how to manipulate the system and Law
I fully agree with M L Gupta. Our bureaucracy particularly those dealing with public has become very smart and know how to manipulate the system and Law. They have no Morals and can go to any extent to save themselves.
S Gopal
Political wisdom is with Kapil Sibal.He will however not been acceptable to the “Chamchas”.
G K Nadir
DEBATE(2)
A visionary Kamal Nath who is considered Gandhi family loyalist can be a unanimous choice.
Anjani Kumar
Broker defaults in Stock Markets
There have been number of Broker defaults in Stock Markets. Result is Shares of Clients have been sold and huge losses suffered by Individuals and no recourse to recover barring FIR for cheating. The Power of Attorney given to Brokers is often misused.
A Suggestion to curb this would be to abolish all depositories including Stock Holding Corporation And Have BSE and NSE only as Depositories.
This would enable faster Clearance mechanism and finish any Risk of defaults by Brokers running their own Depositories.
Banks having online trading and Depositories would similarly have to surrender their Depositories mandate.
Hope this suggestion is accepted by SEBI to:
A: Speed up clearance mechanism and enable T+1 to be implemented,
And,
B: Finish possibilities of any Broker defaults.
Ajay Agnihotri
Bureaucracy knows how to manipulate the system and Law
I fully agree with M L Gupta. Our bureaucracy particularly those dealing with public has become very smart and know how to manipulate the system and Law. They have no Morals and can go to any extent to save themselves.
S Gopal