[Resolved] Religare Securities — Problem in transactions by the rm

[Resolved] Religare Securities — Problem in transactions by the rm

P Parikshit from Delhi, Delhi

I have a DEMAT account with Religare Securities. I had allowed them to buy/sell on my behalf, but had told them not to take risk in the investments which were being made, and not to buy on funding. One of the days on which the markets corrected by 10% the RM for my account bought F&O positions 10 times that of my account size, and sold them at a loss. All the money invested was flushed out in a single day. Please tell if I can do anything about it. Can the company be held responsible for it? Was this information helpful? No (0) Yes (0)
Aug 14, 2020 Complaint marked as Resolved
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Comments

religarefreak

from Mumbai, Maharashtra

people here pls listen i[censored] have any problem pls mail your query directl to religare national head on his email ashu.[protected]@religare.in and mark the email with cc to [protected]@sebi.gov.in so that if these people who are responsible for your loss do not entertai then sebi might take some action against them.

also it will see that all our money is returned back to you.