SEBI Investor Charter | Alok Daiya Research Analyst (INH000011468)

Overview

This document outlines the vision, mission, key activities, services, grievance redressal mechanism, rights of investors and expectations for investors engaging with SEBI registered Research Analysts. It provides a comprehensive guide for investors to understand their rights, responsibilities, and the standards of service they can expect from Research Analysts in the securities market.

by RA ALOK DAIYA SEBI Reg. INH000011468, BSE Enlistment No. 5737

Vision and Mission for Investors

Vision

Invest with knowledge & safety.

Mission

Every investor should be able to invest in right investment products based on their needs, manage and monitor them to meet their goals, access reports and enjoy financial wellness.

Details of Business Transacted

To publish research report based on the research activities of the RA.
To provide an independent unbiased view on securities.
To offer unbiased recommendation, disclosing the financial interests in recommended securities.
To provide research recommendation, based on analysis of publicly available information and known observations.
To conduct audit annually.
To ensure that all advertisements/ marketing/ promotional material are in adherence to the provisions of the Advertisement Code for Research Analysts.
To maintain records of interactions, with all clients including prospective clients (prior to onboarding), where any conversation related to the research services has taken place.

Details of Services Provided to Investors

(No Indicative Timelines)

Onboarding of New Clients: Sharing of terms and conditions of research services; Completing KYC of clients.
To disclose, information that is material for the client to make an informed decision, including details of its business activity, disciplinary history, the terms and conditions of research services, details of associates, risks and conflicts of interest, if any. To disclose the extent of use of Artificial Intelligence tools in providing research services. To disclose, while distributing a third party research report, any material conflict of interest of such third party research provider or provide web address that directs a recipient to the relevant disclosures. To disclose any conflict of interest of the activities of providing research services with other activities of the research analyst.
To distribute research reports and recommendations to the clients without discrimination.
To maintain confidentiality w.r.t publication of the research report until made available in the public domain.
To respect data privacy rights of clients and take measures to protect unauthorized use of their confidential information.
To disclose the timelines for the services provided by the research analyst to clients and ensure adherence to the said timelines.
To provide clear guidance and adequate caution notice to clients when providing recommendations for dealing in complex and high-risk financial products/services.
To treat all clients with honesty and integrity.
To ensure confidentiality of information shared by investors unless such information is required to be provided in furtherance of discharging legal obligations or investors have provided specific consent to share such information.

Grievance Redressal Mechanism

Mode of filing the complaint with research analyst: In case of any grievance / complaint, an investor may approach the concerned Research Analyst who shall strive to redress the grievance immediately, but not later than 21 days of the receipt of the grievance.

Mode of filing the complaint on SCORES or with Research Analyst Administration and Supervisory Body (RAASB):

SCORES 2.0 (a web based centralized grievance redressal system of SEBI for facilitating effective grievance redressal in time-bound manner) (https://scores.sebi.gov.in). Two level review for complaint/grievance against Research Analyst: First review done by designated body (RAASB), Second review done by SEBI. Or Email to designated email ID of RAASB.
If the Investor is not satisfied with the resolution provided by the Market Participants, then the Investor has the option to file the complaint/ grievance on SMARTODR platform for its resolution through online conciliation or arbitration.

With regard to physical complaints, investors may send their complaints to:

Office of Investor Assistance and Education,
Securities and Exchange Board of India, SEBI
Bhavan, Plot No. C4-A, ‘G’ Block,
Bandra-Kurla Complex, Bandra (E),
Mumbai - 400 051

Rights of Investors

Right to Privacy and Confidentiality
Right to Transparent Practices
Right to fair and Equitable Treatment
Right to Adequate Information
Right to Initial and Continuing Disclosure
Right to receive information about all the statutory and regulatory disclosures
Right to Fair & True Advertisement
Right to Awareness about Service Parameters and Turnaround Times
Right to be informed of the timelines for each service
Right to be Heard and Satisfactory Grievance Redressal
Right to have timely redressal
Right to Exit from Financial product or service
Right to receive clear guidance and caution notice when dealing in Complex and High-Risk Financial Products and Services

Additional Rights to vulnerable consumers:

Right to get access to services in a suitable manner even if differently abled
Right to provide feedback on the financial products and services used
Right against coercive, unfair, and one-sided clauses in financial agreements
Right to enforceability and holding the Research Analyst responsible for monitoring, enforcing investor rights.

Expectations from Investors (Do's & Don'ts)

Do's

Engage with Registered Analysts: Always deal with SEBI registered Research Analyst. Ensure that the Research Analyst has a valid registration certificate.
Review Disclosures: Always pay attention towards disclosures made in the research reports before investing.
Proper Payment Practices: Pay your Research Analyst through banking channels only and maintain duly signed receipts. You may make payment of fees through Centralized Fee Collection Mechanism (CeFCoM) of RAASB.
Seek Clarification: Seek clarifications and guidance on research recommendations from your Research Analyst, especially involving complex/high-risk products.
Availing of Service: Ask all relevant questions and clear your doubts before acting on recommendation.
Check for SEBI Registration Number: Refer to the list of SEBI registered Research Analysts on the SEBI website.
Check for Research Recommendation: Before buying/selling securities, check for the research recommendation.
Always be aware that you have the right to stop availing the service as per terms, right to provide feedback, right against contravening clauses, and you should inform SEBI about RA offering assured returns.

Don'ts

Do not provide funds for investment to the Research Analyst.
Don’t fall prey to luring advertisements or market rumors.
Do not get attracted to limited period discount or other incentive, gifts, etc. offered by Research Analyst.
Do not share login credential and password of your trading, demat or bank accounts with the Research Analyst.

Important Contacts & Firm Disclosures

For any query or grievance, you can reach us out on: raalokdaiya@gmail.com

SEBI: Investor Complaints Cell

Registered RA's Address: 18, Brojodulal Street, Kolkata - 700006 West Bengal, India

This Research firm is headed by Mr. Alok Daiya, a Resource Person of NiSM with over 24 Years of experience in the Financial Industry. SEBI registration number: INH000011468

Mandatory Disclosure in Research Reports

ABOUT THE FIRM: This is a Research firm headed by Mr. Alok Daiya, a Resource Person of NiSM (an educational initiative of SEBI) with an experience of over 24 Years in the Financial Industry. Our registered office is located at 18 Brojodulal Street, Kolkata - 700006 West Bengal, India. After years of teaching and practicing Research, we had got registered with the Securities and Exchange Board of India (SEBI) under the registration number INH000011468 on February 20th, 2023 (BSE Enlistment No. 5737). So, being a SEBI-registered Research Analyst, we now provide our research services to the clients.

Details of Business Activities:We offer research recommendations on Equity Stocks, Stock Options (Futures & Options), and Index Options (Nifty, BankNifty, FinNifty) on the basis of Technical Analysis.

Disciplinary History: There are no pending litigation cases or disciplinary actions recorded against the Research Analyst.

Terms and Conditions: We have made reasonable efforts to verify the accuracy and authenticity of the current and historical information in this document, but do not guarantee a complete accuracy or completeness. The opinions stated are based on our research as of this date and may change without notice. We do not accept any liability arising from the use of this document or the information herein.

We do not have any financial stake, ownership exceeding 1%, or other material conflicts of interest in the company covered in this report.
We are not affiliated with or have not received any third party brokerage or commissions.
We have not been compensated by the company covered in this report in the past 12 months.
We have not managed or co-managed any public offerings for the company in the past 12 months.
The Firm does not serve as an officer, director, or employee of the Company, and has not engaged in any of the market making activities involving the Company's stock.

Standard Disclaimer

Investing in securities markets involves risks. Read all documents carefully before investing. SEBI registration and NISM certification do not guarantee intermediary performance or assure investor returns.

We do not promise risk-free returns. We charge fixed fees, not profit-sharing. We are not responsible for client financial losses. Assess your risk tolerance, risk appetite and cash position before following group content.

Stock market investments are VERY RISKY and being part of this group, you agree that you understand the Market risks involved. *Profits and Losses are part of Share market. Kindly understand and act wisely. All members please follow guidelines as applicable even in past too. Anyone who is not agreeable to these conditions must Leave the group/community.