Volume : II, Issue : VI, June - 2013

The Descriptive Study on Stock Broking Office Service in Madurai

M. Malathi, Dr. P. K. Muthappan

Abstract :

Any transaction for sale and purchase of securities executed through a oker on the stock exchange which is to be settled through the cleå corporation and cleå house is an on market transaction. The securities can be bought and sold only through a stock oker. SEBI conducts investigation, suo-moto or upon information received by it, the investigation officer shall conduct investigation as directed by SEBI. The investigation officer has power to examine orally and to record the statement of the person concerned, any director, partner, member or employee of such person. The investigation officer shall completion of the investigation after taking into account all relevant facts and submissions made by the person concerned, submit a report to SEBI. A stock-oker, shall maintain high standards of integrity, promptitude and fairness in the conduct of all his business. A stock-oker, when dealing with a client, shall disclose whether he is acting as a principal or as an agent and shall ensure at the same time. Which no conflict of interest arises between him and the client. A stock oker also provides professional advice in debentures sale/purchase of government bonds, and listed property trusts etc. an attempt has been made to find out the related stock oker service for investor in trading at stock market.

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

M. Malathi, Dr. P. K. Muthappan The Descriptive Study on Stock Broking Office Service in Madurai International Journal of Scientific Research, Vol : 2, Issue : 6 June 2013

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