Investors to submit form to brokers for receiving electronic contract note: Sebi

Markets regulator Sebi on Wednesday said investors need to submit an appropriate e-mail address to stock brokers in physical form if they opt to receive the contract note in electronic form.

The move is aimed at bringing uniformity across segments with regard to receipt of electronic contract notes.

In a circular, the Securities and Exchange Board of India (Sebi) said, "In case, client opts to receive the contract note in electronic form, he shall provide an appropriate e-mail ID to the stock broker."
"If the client has opted for internet trading, the request for change of email id may be made through the secured access by way of client specific user id and password."