The Securities and Exchange Board of India (SEBI) has issued a circular requiring stock brokers to display investor awareness messages as part of Project Jagrook. From October 5 to October 31, 2026, brokers must show these messages and risk disclosures on their websites, with app displays being voluntary during this time. Starting November 1, 2026, brokers must mandatorily show these messages on website landing pages and display messages and risk disclosures on alternate days on their trading apps.
Key points
- 5-31 Oct 2026: Brokers must display awareness messages and risk disclosures on websites
- 5-31 Oct 2026: Brokers may voluntarily display messages on trading apps
- From 1 Nov 2026: Brokers must display messages on website landing pages
- From 1 Nov 2026: Brokers must display messages and risk disclosures on apps on alternate days
When it applies
- display of messages and risk disclosures on websites and voluntary display on apps
- display of messages and risk disclosures on websites and voluntary display on apps
- mandatory display of messages on website landing pages and alternate-day display on apps
Who it affects
- stock brokers
Refers to
- SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/73