SEBI allows more time to existing trading and Demat a/c holders to provide their choice of nomination

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  • Last Updated on 26 February, 2022

timeline for existing trading and Demat account holders; SEBI News; Investors; Brokers

Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/23, Dated: 24.02.2022

The SEBI has extended the timeline for existing trading and Demat account holders operating before 1.10.2021, w.r.t. freezing of accounts to March 31, 2023, instead of March 31, 2022. Existing investors who have not submitted nomination details to date and intend to submit their nomination or opt-out of nomination may also be allowed to do so by way of two-factor authentication (2FA) login on the internet trading platform for Stock Brokers/Depository Participants providing such services.

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