The Securities and Exchange Board of India (SEBI) released the Investor Charter on November 17, 2021.

Background

Investor charter was first proposed in Union Budget 2021-2022 with the aim to protect investors from mis-selling of financial products.

About Investor Charter

• The Investor Charter was released for investors in Indian securities market. It comprises of rights & responsibilities of investors as well as dos & don’ts of investing in securities market.
• It was published to protect the “interests of investors by enabling them to understand risks involved”.
• It will also enable the users to invest in a fair, transparent and secure market, as well as to get services in time-bound and efficient manner.
• The charter will ensure that SEBI-registered intermediaries or regulated entities stick to their investor charters including grievance redressal mechanism.