How SEBI is going to Change the Credit of Shares to Demat Account of a client to enhance Security?

This consultation paper, if implemented, significantly simplifies the DP operations of stock brokers. Today, when a client buys stock, it gets credited to the broker pool account, and then the broker credits it to the customer. 

In the new way proposed, the shares will get directly credited to the customer's demat. Even without this regulation, we're probably the safest financial market in terms of the security of customer assets, given that everything is in the customer's own demat. This regulation will further enhance that.

Sebi further said that the securities for payout should be credited directly to the respective client's demat account by the clearing corporations. Market regulator Securities and Exchange Board of India (SEBI) on Thursday, May 9, proposed that investors' securities should directly go to their demat accounts.

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