61 words that NSE doesn't want traders to use without proper registration

The announcement has been made to safeguard investors from traders who claim to have services other than broking services without having the applicable registration

The National Stock Exchange (NSE) on Thursday announced restrictions on members and authorised persons from using names such as advisor, mutual funds, mutual fund services, capital manager, fund advisor, and asset/wealth/portfolio management among others, according to a report by Mint.

The stock exchange said that they have prepared the list of words as they tend to create a wrong impression among investors.

NSE in its statement said that “It is observed by Exchange that Trading Members/Authorized Persons are using words such as Advisors, Asset/Wealth/Portfolio Management etc. in their name which is misleading and may indicate to the clients/investors that the