MCX: Very Important Circular on Portfolio Managmenet Srvices

MCX - Exchange has issued a circular regarding “Portfolio Management Services (PMS)” - circular no. MCX/COMP/349/2013.

MCX commodity exchange has sent a circular to all its members in which the following clauses are to be followed in member's advertisemnt .

** Any activity in the nature of promise of assured returns after a certain fixed time
period (for example a month, 3 months or 6 months etc.) or assured profits by the
member or profit sharing activity

**  Any advertisement / publicity made by the Member highlighting only the benefits of
futures market without highlighting the risk involved

**  Any other activity which is ambiguous or misleading the client in any way.

  

For More Details

MCX -  Southern Regional

 Doshi Towers, First Floor, 1A & B No.:156, Periyar EVR Salai, Kilpauk, Chennai – 600 010, Tamil Nadu, India

Tel.+91 044 4395 0881, 

 Fax : +91 44 4395 0899

 www.mcxindia.com 

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