Beware of brokers

2000 crore fraud by karvy on its customers. Sebi has banned it now.

How come we only do bans and the regulators are never facing penalties and punishments for letting shit happen. more  

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This karvy is handling businesses of many many organisations. Their network is large uncontrollable. This is very very bad and 200% prone to commit mistakes. Now that has happened. why don’t the business entities switch to some other source for their out sourcing? more  
Regulators must be punished. more  
Our laws are very lax.Govt is also sleeping on it.God knows when they will wake up and the consumer will have a sigh of relief. more  
Regulators should be made to pay for their incompetence by at least stopping their increments and promotions and even terminating them from their jobs more  
Compliance in our system has become a problem. No one cares about our letter / request unless you have some sorts of backing.

we seniors wrote on demat problem to SEBI / MCA still remains even unacknowledged
https://drive.google.com/file/d/1SjMpNE9cZyvdE45l5KxdGZDW8BLB448I/view more  
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