ARG COMPLIANCE MANUAL - Rathi Online

ambience standardse) Adherence to compliance normsf) Any brokerage rate below 0.30% and 0.03% to be offered only with priorapproval from ARGg) Should possess good relationship building skillsh) Understanding of equity broking businessSupport from ARG to Sub broker/APARG Newsletters (Wealth N Wisdom) - FreeBrochures - 50% cost to be borne by Sub broker/APFirst Flex (Glow sign Board) - 1 Free*Posters to decorate his office - FreeCanopy - 50% cost to be borne by Sub broker/APUmbrella for promotional activity- 50% cost to be borne by Sub broker/APNote: * First flex for “Main Glow Sign Board” would be provided by ARG (Free up to the size of 18 sq.feet only).Charges:You will be debited with charges for the following:Client Registration FormBills / Contract Notes stationery if provided from ARG officeOne side bank charges for fund transfer to Head Office in case of remote locations,not having HDFC networkInter settlement charges of the above depositoriesCertain marketing activities like investors conference would be on equal costsharing basis or as decided and mutually agreed on case to case basisRisk Management:Complete risk of the business is borne by the Sub broker/AP.Client wise risk monitoring –Upfront margins would be required for placing orders.Responsibility of managing client‟s risk, collections.Payment of delay pay-in charges in case not borne by client.Compliance:SEBI/Exchange registration must to commence the businessNCFM certification (NSE Cash, F&O, DP andNCDEX.Client registration must before trade execution.No Third party payments and securities, cash Transactions, unauthorized transfer offundsone client to other.All marketing and brand norms to be adhered to completely.Liabilities:You shall be fully responsible for your client‟s trades and will ensure that the clientfulfills all his settlement obligations (deliveries/payments) in respect of trades donethrough ARG.Other Points:You are expected to carry out ethical business practices while fully complying with therules applicable, regulations and byelaws of SEBI, NSE, BSE, MCX, NCDEX, FMC,ARG& other statutory authorities that may be issued from time to time.You must ensure that all your clients are registered with ARG.All the expenses such as rent, electricity, traveling, conveyance, staff salary & welfare etcfor your set up would be borne by you.In the due course of registration, you will submit to ARG duly filled clientenrollment form, Risk disclosure document, member - client agreement along104