SEBI issued an October 1 circular directing stock brokers to show investor-awareness messages under Project Jagrook. The regulator’s legal register lists the circular; its published text sets distinct arrangements for websites and trading apps, alongside existing risk disclosures.
From October 5 to October 31, broker websites must carry the awareness messages and risk disclosures. From November 1, the specified awareness messages must appear on website landing pages. App display of the messages is voluntary during October 5–31; on a day an app chooses to carry them in that period, risk disclosures become optional for that day.
From November 1, applicable trading apps must alternate the specified awareness messages and risk disclosures by day, with the awareness messages on the landing page. Exchanges and depositories must communicate the circular and display the supplied messages. These are disclosure requirements, not a guarantee of investment returns or a new tax or trading charge.
