For the sake of making it easier for investors to enter the capital market , the market regulator Securities and Exchange Board of India is a new initiative . The market regulator, trading and demat account opening process has been simplified . Reduce investors must sign the form . Existing Beneficiary place of honor Depository Participant Agreement has brought a new simple document . It ' Beneficiary and Depository Participant rights and responsibilities of Honor ' is named .SEBI has issued a circular in this regard . Accordingly , the new document will happen to investors . Now Depository Participant to honor the beneficiary will be required to give a copy of the new document . Will have to be acknowledged . This document is mandatory for all existing and new customers and Depository Participant and will be binding .
SEBI 's decision making process, stock brokers and the Depository - NSDL and CDSL have to advise . Depository Participant regulator has directed that they not only immediately apply the new standards , but also provide information through your website .