Brokers Do's & Dont's to be Followed to have Best Trading Practices

DO’S

• DO register appropriately on SEBI/Exchange before starting business with brokers/clients.
• DO keep all Notice Boards/Signage boards etc. as mandated by the brokers are appropriately displayed outside office premises.  
• DO inform the broker of any change in your office/terminal addresses DO ensure to collect cheques for pay-ins/margins ONLY in the name of Angel Broking Pvt. Ltd.
• DO educate the clients about trading and/or investment in the securities market.  
• DO abide by the SEBI/Exchange rules, regulations, circulars, and bylaws as released from time to time and Code of Conduct prescribed by Angel Broking STRICTLY.  
• DO co-operate with the Audit teams during their visit to your offices DO ensure that client complaints are resolved on priority.

DON’TS

• DON’T open any account without adequate verification/proofs.  
• DON’T misuse the client’s proof documents.
• DON’T accept cash/cheques on personal names from the clients.  
• DON’T accept off market transfer of securities from clients in your account.
• DON’T trade from the client’s account without consent or from personal account from the funds and securities received from clients.
• DON’T ask for login ids, passwords or OTPs from clients.
• DON’T indulge in any fraudulent or manipulative activities like opening bogus/dummy accounts, trading from clients’ account without their consent, handing over manipulated/fabricated documents or statements to the clients, engaging in manipulative trading etc. 
• DON’T accept signed blank cheques/ DIS from the clients.  
• DON’T assure clients for fixed or higher returns.