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Man Financial / Large broking firms hand in glove with NSE

1 India

Small investors watch out when large broking firms like Man Financial promise you to "make" your portfolio. Not only do they have novices in their offices who press the wrong buttons - yes they press buy when they should actually be selling, creating false liabilities in the investor accounts. Not only this, they ensure NSE is hand in glove with them in sending out legal notices asking investors to pay. Mr P Chidambaram and Mr Damodran have been talking about investor protection but how are incidents such as this addressed and Man Financial nailed, Mr Damodran do you have any answers?

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