SEBI on July 20 has announced its new circular stated, the trader and investors need to maintain minimum upfront margin in their accounts at all times during the day. This circular by SEBI (Securities and Exchange Board of India) has acutely affected the retail investors as they are directly involved in trading.
SEBI circular has a negative impact on the small traders especially during the current situation when the entire world is going through a pandemic crisis.
No Consultation –
SEBI did not even consult with stakeholders and brokers before releasing the recent circular even though many retail investors will be directly affected by this decision and the question of earning bread-butter will stand in front of them.
No Consideration –
The latest circular is released without anticipating the adverse effect on the small investors. These people will be left with no source to earn a livelihood that too in the situation when the economy has weakened due to the going COVID 19 pandemic.
Lower Revenue Collection –
As per the latest SEBI Circular, the collection of revenue will witness a new low as the volume for GST, SST and stamp duty collection will touch a new low.
Peak Margin –
The latest SEBI circular gives birth to uncertainty and the peak margin concept that is not beneficial for the traders at large and will allow wealthy players to manipulate stock market operations as the circular talks about practising maintenance of least possible margin in intraday trading.
Investment is a part of everyday life. We invest in our family, friends, and education. Sometimes this investment is emotional but often it is monetary and thus investing a large amount of money becomes a difficult task...