NEW DELHI: Sebi today asked bourses to ensure that brokers provide details about securities pledged by a client as well as funds raised by way of pledging. The move is part of efforts to strengthen supervision framework for stock brokers. Currently, only consolidated information was required in this regard. To ensure more transparency, brokers should also furnish day-wise ISIN details on a standalone as well as consolidated basis on the last trading day of the month. The regulator said that exchange would forward these information to clients through email, while consolidated information will be sent through SMS.

Source: Economic Times November 29, 2017 15:22 UTC