Can a broker use client funds for its own trading or operational expenses?
Can a broker use client funds for its own trading or operational expenses? |
No. As per SEBI regulations, brokers are prohibited from using client funds or securities for proprietary trading or business purposes. Client funds may be used only for legitimate client-related transactions, such as trade settlements, brokerage charges, and applicable statutory levies. Your Money. Never Misused. SEBI ensures brokers can never touch your funds for their own use. Start Your Investment Jourey Have a Question? Open an Account → Reach out to us customer.care@jainam.in |