ARG COMPLIANCE MANUAL - Rathi Online

BANK ACCOUNTS1. As per SEBI, all operational expenses to be made from own bank account. Example –Salary expenses, telephone expenses, printing & stationery expenses, etc.2. Payments may be made to clients from Clients A/c only.3. Amount received from clients NOT to be deposited in Own A/c.4. Amount received as Margin from clients to be deposited in to Clients A/c.Pay-out Cheques received from ARSFL/ARSSBL to be deposited in Clients A/c ONLY.5. In case of funds shortage in Own A/c for incurring operational expenses, amount to theextent of Brokerage Income may be transferred from Clients A/c to Own A/c.Weekly/Monthly transfers may be made.BALANCE CONFIRMATION WITH CLIENTS1. Branch to reconcile their accounts with HO on a day-to day basis.2. Ledger confirmation to be taken from clients for Funds/Securities at the end of each quarterwithin 10 days of the end of the quarter.3. Statement of Accounts for funds and securities would be sent from HO to all the clients on aquarterly basisMISCELLANEOUS MATTERS1. Branch should not release any mode of advertisement for business purpose without priorwritten approval of HO..2. Off-Market trades (i.e trades not executed on terminal) not permitted in any securities.65