Markets regulator Sebi on Wednesday inspired traders to lodge their complaints via on-line mechanisms, extra particularly via SCORES portal and cellular software, for efficient redressal of grievances.
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SCORES stands for Sebi Complaints Redress System.
Additional, so as to will increase consciousness concerning on-line grievance redressal mechanisms, Sebi has requested inventory exchanges together with commodity derivatives exchanges, depositories and clearing firms to show choice to lodge criticism with them instantly on the house web page of their web sites and cellular apps.
As well as, they’ve been directed to show hyperlink to SCORES web site in addition to hyperlink to obtain SCORES cellular app on the house web page of their web sites and cellular apps, in keeping with a round.
Additionally, the regulator has requested these market infrastructure establishments to speak to Sebi, the standing of the implementation of the provisions of this round via the Month-to-month Growth Report.
SCORES is a grievance redressal system launched in June 2011. It’s a platform designed to assist traders lodge their complaints on-line with Sebi, pertaining to the securities market, in opposition to firms, intermediaries, and market infrastructure establishments.