The BSE Brokers’ Forum has since 1993 been striving for the development of the financial markets in general and its members in particular. The objective of the FORUM is to highlight the concerns of the member brokers to Regulators and Exchanges. The FORUM main sphere of activities includes:
1. Representation to Regulators
2. Seminars for member brokers
3. Investor Awareness program
4. Global Connect Tour
5. Handling Member Grievances
With the help of professionals on board, your Forum has grown in all areas of members & investors interest. Enclosed, please find a glimpse of activities undertaken by your Forum in last financial year.
With increased scale of operations, the financial burden on the forum has gone up. One of the major sources of revenue for the Forum is the annual membership subscription taken from the members.
Needless to say, that the membership of the Forum entitles each member for a complimentary coverage under the Stock Broker Indemnity Policies for sum of Rs. 5 Lakh which is also a compliance requirement for all active trading members of the stock exchanges.
Over the years due to adverse market conditions, many brokers have ceased to carry out market operations and have thus become inactive.