SEBI Allows 3-in-1 Trading Accounts for Public Issue of Debt and Other Securities in Addition to Existing Modes
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- Last Updated on 21 October, 2024
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Circular No. SEBI/HO/DDHS/DDHS-PoD-1/P/CIR/2024/142; Dated: 18.10.2024
SEBI has clarified that investors can continue using 3-in-1 accounts to apply online for public issues of debt securities, non-convertible redeemable preference shares, municipal debt securities and securitised debt instruments. This is in addition to the existing modes of making an application in the public issue of securities. A 3-in-1 trading account combines a savings account, a Demat account, and a trading account into a single integrated solution.
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