Not sure but now-a-days there is two factor authentication for trades involving margin and also for even logging in to dmat account. Without OTP can some one from broker side login and execute margin trades/FnO etc.?
Is it possible to get the PoA changed from general to new ones or with new rules, it gets updated by default? If not, is there any such process to get to a more specific PoA in case someone has old general ones?
SEBI has done away with POA and it has been replaced by DDPI. Demat debit and pledge instructions. The difference is that Ddpi can be digitally authenticated or stamped unlike the POA. And it has just 4 simple points related to debit from a demat account.
DDPI has been enforced from September last year.
I have an account with HDFC securities. How do i check if i have given a POA ?
That looks good. So does it mean that whatever POA given by investors to their brokers previously is no longer valid and everything till date is replaced by DPPI?
Can you give more details on DPPI, how secure it is and loopholes if any, if possible…Thanks
I started my career as a… - රකේෂ් ජ්හුන්ජ්හුන්වල දුප්පත් රසිකයෙක් | Facebook
I have mentioned all details in this
I was there and saw it 1st hand
