committee on financial markets & investors’...

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COMMITTEE ON FINANCIAL MARKETS & INVESTORS’ PROTECTION The Committee on Financial Markets and Investors’ Protection (CFM&IP) provides suggestions on various Bills, Notifications, circulars and other documents related to Financial Markets to the Government and Regulators. Besides this the Committee regularly interacts with MCA, RBI, SEBI, Insurance Regulatory and Development Authority, Non Banking Financial Companies (NBFCs), Forward Markets Commission and Stock Exchanges on the issues relating to Financial Markets, role of CAs and Investors’ Protection. To create awareness amongst the public at large and to ensure that the investors are informed about the Ministry of Corporate Affairs and ICAI initiative in regard to investors’ protection, the Committee conducts ‘Investor Awareness Programmes’ under the aegis of Investor Education and Protection Fund (IEPF) of the Ministry of Corporate Affairs. The primary objectives of these programmes are to impart much needed education to the investors and create awareness as to their protection, to enhance the ability of investors to understand broad developments in the country having bearing on the corporate sector and the capital market, to educate the investor’s on their rights and responsibilities, and to make investor’s aware of grievances handling mechanism and different agencies to be approached for redressal. The Committee also plays a pro- active role in conducting various other programmes such as Seminars on Capital Markets, Investor Summit, Private Equity workshops. The committee also conducts two Certificate Courses for professional development of members in the field of ‘Forex and Treasury Management’ and ‘Derivatives. The Committee invites you to associates with the different activities of the Committee as per area of your choice and interest.

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COMMITTEE ON FINANCIAL MARKETS & INVESTORS’ PROTECTION

The Committee on Financial Markets and Investors’ Protection (CFM&IP) provides suggestions on various Bills, Notifications, circulars and other documents related to Financial Markets to the Government and Regulators. Besides this the Committee regularly interacts with MCA, RBI, SEBI, Insurance Regulatory and Development Authority, Non Banking Financial Companies (NBFCs), Forward Markets Commission and Stock Exchanges on the issues relating to Financial Markets, role of CAs and Investors’ Protection.

To create awareness amongst the public at large and to ensure that the investors are informed about the Ministry of Corporate Affairs and ICAI initiative in regard to investors’ protection, the Committee conducts ‘Investor Awareness Programmes’ under the aegis of Investor Education and Protection Fund (IEPF) of the Ministry of Corporate Affairs. The primary objectives of these programmes are to impart much needed education to the investors and create awareness as to their protection, to enhance the ability of investors to understand broad developments in the country having bearing on the corporate sector and the capital market, to educate the investor’s on their rights and responsibilities, and to make investor’s aware of grievances handling mechanism and different agencies to be approached for redressal. The Committee also plays a pro-active role in conducting various other programmes such as Seminars on Capital Markets, Investor Summit, Private Equity workshops.

The committee also conducts two Certificate Courses for professional development of members in the field of ‘Forex and Treasury Management’ and ‘Derivatives. The Committee invites you to associates with the different activities of the Committee as per area of your choice and interest.

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2.

Composition of Committee on Financial Markets and Investors' Protection

Chairman

CA. Rajkumar S Adukia Mumbai

Vice-Chairman

CA. Jay Ajit Chhaira Surat

Members

CA. Subodh Kumar Agrawal, President (Ex-Officio) Kolkata

CA. K. Raghu, Vice President (Ex-Officio) Bangalore

CA. Pankaj Inderchand Jain Mumbai

CA. Sanjeev Maheshwari Mumbai

CA. S. Santhana Krishnan Chennai

CA. Anuj Goyal Ghaziabad

CA. Naveen N.D. Gupta New Delhi

Shri Sidharth K. Birla New Delhi

Shri Sunil Kanoria Kolkata

Co-opted Members

CA. Sharad Kabra Jaipur

CA. Vikas Jain Kolkata

CA. Murmuria Bijay Kolkata

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3.

Committee on Financial Market and Investor Protection

Activity Plan for Year 2013-14

National Director for Activity Plan

CA. JAY AJIT CHHAIRA Vice-Chairman, Committee on Financial Markets & Investors’ Protection, ICAI Email: [email protected] M: 09825196241

SECTION 1- Reaching Regulators /Intermediaries

A. Regulators/Intermediaries Committee should regularly give suggestions on various bills, notifications, circulars and other documents related to Financial Markets to the Government and Indian Regulators. The Committee regularly interacts with MCA, RBI, SEBI, Forward Markets Commission, Dept. of Economic Affairs and Stock Exchanges on the issues relating to financial markets, and investors’ education.

National regulators/Intermediaries

a. www.finmin.nic.in <http://www.finmin.nic.in> dept of economic affairs

b. www.finmin.nic.in <http://www.finmin.nic.in> dept of disinvestment c. www.sebi.gov.in <http://www.sebi.gov.in> d. www.rbi.gov.in <http://www.rbi.gov.in> nbfc e. www.fmc.gov.in <http://www.fmc.gov.in> f. www.sat.gov.in <http://www.sat.gov.in> g. www.fedai.org.in <http://www.fedai.org.in > h. www.fimmda.org <http://www.fimmda.org> i. www.cdslindia.com <http://www.cdslindia.com> j. www.nsdl.co.in <https://nsdl.co.in>

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International Regulators

U.S

a. Securities & Exchange Commission www.sec.gov.in <http://www.sec.gov>

b. Commodity Futures Trading Commission www.cftc.gov <http://www.cftc.gov.in>

U.K

c. Financial Services Authority www.fsa.gov.uk <http://www.fsa.gov.uk>

Hong Kong

d. Hong Kong Securities and Futures Commission www.sfc.hk <http://www.sfc.hk>

Switzerland

e. Swiss Financial Market Supervisory Authority www.finam.ch <http://www.finma.ch>

Singapore

f. Monetary Authority of Singapore www.mas.gov.sg <http://www.mas.gov.sg>

B. Advise on all financial market (both national and international) related matters

C. Drafting of all financial related documents

a. Budgets b. Bills c. Business Documents d. Will

D. Market SROs self regulatory organizations

a. www.amfiindia.com <http://www.amfiindia.com> b. www.indiavca.org <http://www.indiavca.org>

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c. www.fimmda.org <http://www.fimmda.org> d. www.anmi.in <http://www.anmi.in> e. www.fpsbindia.org <http://www.fpsbindia.org>

E. International Financial Institutions/Organizations

The Committee should also look forward for technical association with the following International Financial Institutions / Organizations :

• Iosco - http://www.iosco.org/

• World bank - http://www.worldbank.org/

• IFC - http://www1.ifc.org

• ADB - http://www.adb.org/

• World Federation of Stock Exchanges - http://www.world-exchanges.org/

• Basel - http://www.bis.org/bcbs/index.htm

This collaboration can be done for the various programmes with these organizations to be organized by the Committee during the year.

Section 2- Programmes/Seminars

A. Seminars/Programmes/Summit During the Current Year the committee will organize the following summit:

• Annual summit on capital market

• Annual summit on mutual funds • Annual summit on venture capital funds

• Annual summit on commodity markets • National Summit on Private Equity, Infrastructure Finance etc.

The Committee will also organize 5 mega seminars/ conferences /workshops etc in each region (WIRC, EIRC, SIRC, CIRC and NIRC) covering latest topics of interest such as Private Equity, Takeover code etc.

Section 3- Certificate Courses

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A. Introducing certificate courses

The Committee is already entrusted and conducting with the task of two Certificate Courses i.e.

• Certificate Course on Forex and Treasury Management

• Certificate Course on Derivatives

In view of the changing scenario and to equip the Chartered Accountants with the latest developments it is necessary to introduce the following Short term courses like:

• Certificate Course on Financial Market laws and related aspects

• Certification programme on capital markets • Certification programme on financial planning and wealth management

• Fundamental Analysis

• Technical Analysis B. Certificate Course Abroad

New Batches of the certificate courses will be started in Dubai and other chapters of ICAI.

C. E-Certificate Course

Launch of E-Certificate course for the existing as well as for the new courses introducing during the year.

Section 4- Training and Research The Committee will also look forward for tie up with various training organizations for imparting technical studies on financial markets with emphasis on complex financial instruments.

The Committee can tie up with any of the following organizations:

At National Level:

• NISM - http://www.nism.ac.in/

• BSE Training College - http://www.bseindia.com/training/about.asp

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• NSE Training College - www.nseindia.com/education/content/module_nccmp.htm

• MCX Training College - http://www.mcxindia.com/knowledgehub/trainingprogram/trainingprogram.htm

• IBS - http://www.ibsindia.org/

At International Level

• International Capital Market Association, Switzerland - http://www.icma-group.org/

Section 5 - MRA/MoU Improving Technical Collaboration

In Year 2010, ICAI entered in to MOU with the two upcoming Stock Exchanges i.e.

• MCX Stock Exchange - http://www.mcx-sx.com/Pages/Index.aspx

• United Stock Exchange - http://www.useindia.com/

The main objective of this MOU is to impart comprehensive knowledge of financial markets to members of ICAI and to create general awareness.

The Committee will revive the MOUs with both the Stock exchanges and will make it operationalise.

The Committee will further look for MOU with the NSE, BSE and other regional stock exchanges for exchange of necessary information, technology, consultation and co-operation.

We can also have arrangement with the world renowned data and financial information services so that members can utilize their services at concessional rates.

• Bloomberg

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• Reuters

Section 6 - International Study Tours

Following Study Tour can be planned:

1. Hongkong Stock Exchange - http://www.hkex.com.hk

2. Singapore Stock Exchange - http://www.sgx.com

3. NASDAQ Stock Exchange - http://www.nasdaq.com

4. Colombo Stock Exchange - http://www.cse.lk

Section 7- Investor Education and Awareness

• Bringing out e- capsules on investor education. E-capsules to be developed for enhancing the knowledge and skill level of market participants. Basic intention is to provide basic theoretical and practical aspects of Capital Market.

• Encouraging members to be trainer in such programmes. Inviting members to be part of this noble initiative by empanelling them as Resource Persons. The Committee is already releasing announcements in Journal and website to associate with the Investor Awareness activity as resource person.

• Investor education series in leading newspapers/ magazines. Identification of experts and Tie up with leading financial newspaper and magazines for monthly write up.

• Provide fortnightly news updates of recent happenings and developments in financial market to members.

• Focus on social media to aware the investors • By creating blogs on financial market topics

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Section 8 -Publications

To have regular research based publication for information and knowledge updation of members and towards investor’s education and awareness. The following is the list of suggestive topics:

1. Private Equity and Venture Capital

2. Mutual Fund Industry in India

3. Investment Banking

4. Derivatives

5. Technical and Fundamental Analysis

6. Guide to Small Investors on Capital Market Operations

7. Understanding Corporate Disclosures

8. Regulatory Authorities in Financial Market Operations

9. Intermediaries in Capital Market Operations.

10. Utility Role of Professionals for Small investors

11. Collective Investment Scheme

12. Portfolio Management Services

13. Indian Stock Market – Present & Future

14. Study on International Financial Markets

15. Financial Planning

16. Estate Planning

17. Green Shoe Option

18. Commodities Market in India

19. Understanding Currency Futures

20. Bond and Money Market

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21. Frequently Asked Questions (FAQs) on Capital Market

22. Non-Banking Finance Companies

23. Islamic Banking and Finance

24. Asset Reconstructing Companies (ARCs)

25. Initial Public Offer – What, When and How Series

26. Private Equity – What, When and How Series

27. Financial and Legal Diligence from a fund-raising perspective

28. Companies Bill, 2012 – A game changer for Capital Markets

29. Certification requirements of CAs in the Prospectus

30. Annual review of Indian Capital Markets

Section 9 – Electronic and Technological Advancement

Webinars

The Committee plans to conduct 24 webinars, every fortnightly Friday starting from 8th March, 2013, throughout the year on the following topics specified below:

• Private Equity

• Mutual funds

• Infrastructure finance • Venture capital

• NBFC

• Project finance • Securitization

• Forward market operations • Treasury management

• Derivatives

• Structured finance • Accounting and auditing of financial instruments

• Investment banking

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• IPOs/private placement

• Investment instruments • Financial planning

• Sources of finance

• Registrar & share transfer agents • Insider trading

• Drafting of prospectus, shareholders agreement, securitization, term sheet

Webcast of lectures of Certificate courses

Live webcast of Certificate Course on Forex and Treasury Management , Certificate Course on Derivatives and other courses.

Hosting of video lectures by eminent faculty in relation to above certificate courses on the proposed website of CFMIP.

Committee Website

This Year Committee will be launching its website. The propose name is as follows:

• cfmip.icai.org • financialmarkets.icai.org • markets.icai.org • capitalmarkets.icai.org • investor.icai.org

Enhanced interaction with Media/TV Channels for Investor Education and Knowledge Sharing

Section 10 – E Newsletter

This year committee will be publishing its e-newsletter on a quarterly basis . The propose name is as follows:

• Glimpse of Capital Market

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• Financial Market Outlook

• Financial Market Foresight View

Any other name if any.

The Committee will be inviting articles from members for publishing in its e-newsletter.

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13.

INVESTOR AWARENESS PROGRAMMES

2013-14

Under the aegis of

Investor Education & Protection Fund [IEPF] of

The Ministry of Corporate Affairs

Government of India

Organized by

The Institute of Chartered Accountants of India

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INVESTOR AWARENESS PROGRAMMES

INDEX

SL. NO. CONTENTS PAGE NO.

1 OBJECTIVES………………………………………………………………. 1

2 OUTCOMES………………………………………………………………… 3

3. GUIDELINES………………………………………………………………… 4

4. TOPICS……………………………………………………………………….. 9

5. PROGRAMME STRUCTURE………………………………………………

11

6. DOCUMENTS TO BE SUBMITTED……………………………………….

12

7.

UTILIZATON CERTIFICATE………………………………………………

13

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OBJECTIVES

• To create awareness amongst the public at large and whether the investors are pertinent

about the Ministry of Corporate Affairs and ICAI initiative in regard to investor’s protection.

• To enhance the ability of investors to understand broad developments in the country having

bearing on the corporate sector and the capital market.

• To bring together investors’ belonging to different categories for imparting much needed

education and creating awareness as to their protection.

• To educate the investors’ on their rights and responsibilities.

• To make investors’ aware of grievances handling mechanism and different agencies to be

approached for redressal.

• To advise about importance of fundamental analysis based on balance sheets and other

financial statements specially notes and other disclosures.

• To apprise importance of Auditors report and its impact on investment decisions.

• To advise about importance of CA’s as highly capable investment advisors.

• To apprise investors’ about various investment options including debentures, fixed deposits,

mutual funds, equities and other capital market instruments and their suitability to different

investors, age, profile and financial strength.

• To create understanding amongst the investors’ about capital markets and related

institutions - their functioning, and their interface with the investors.

• To spread awareness on approach and criteria to be followed while making investments in

capital market securities, do’s and don’ts and explain risk and reward relationships.

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• To explain basic capital market related processes like transfer and transmission of shares

and dematerialisation procedure to be followed and care to be exercised.

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OUTCOMES

(1) Enhanced level of awareness and education among the investor’s about

a. The risk and return factors that one should know before investing.

b. On the features of various instruments that are available in the capital market.

c. Protection under various statutes available to investor’s.

d. Investor’s common grievances and how to redress them.

e. The role and functions of regulators associated with the capital markets.

f. On certain specific aspect like:

Capital Market Operations.

Understanding Corporate Disclosures.

Investor Protection – Right and Obligations.

(2) Enhanced level of understanding on the Ministry of Corporate Affairs/ Government’s

initiatives for protection of investor’s Interests and the role played by them.

(3) Interaction of investors with the cross section of other participants in the capital market

namely professionals rendering services, stock brokers, investor’s forum, investment

bankers, managers to the public issues, lead merchant banker etc.

(4) Creating larger public awareness on investor’s rights, role and remedies available.

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GUIDELINES

1. Investor Awareness programmes: The Ministry of Corporate Affairs of the Government

of India has desired the ICAI to organize investor awareness programmes throughout

the country.

2. Organizer: The Programme is being organized / conducted under the aegis of Investor

Education and Protection Fund (IEPF) of the Ministry of Corporate Affairs in partnership

with the Institute of Chartered Accountants of India. The Regional Council and its

branches, organizing these programmes should take out all concerted efforts in making

the programme a grand success.

3. Programme Director/Coordinator: The All India Programme Director will be the

Chairman of the Committee on Financial Markets and Investors Protection, ICAI. The

Programme Coordinator will be the Member of the Central Council, in case the

programme is held at his place, the Regional Council Chairman/Member / the Branch

Chairman would be the Programme Coordinator at other places, as the case may be.

4. Benefits of Programmes: These programmes are for the general public/ investors’ at

large and therefore sufficient publicity / advertisement should be given so as to enable

the public at large to attend and derive the maximum benefit by way of empowerment

and investor education. Apart from the general public, professionals can also attend the

programme. Members attending the programme shall be entitled to 2 hours CPE grant

of credit provided the programme is of 3 hours duration.

5. Faculty of the Program: Branches organizing these programmes should make

coordination with the offices of the Registrar of Companies, Regional Director of the

Ministry of Corporate Affairs situated nearest their branch/ region and invite the

officials such as ROC, Assistant ROC, RD etc. for the function. Other agencies like stock

exchanges, chamber of commerce, investors associations can also be involved but it

should be ensured that the programme is mainly organized under the banner of the

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Ministry of Corporate Affairs and ICAI. It is preferable to engage the local speakers as

far as possible so that it may cut down the cost of travelling etc. If need be and

absolutely necessary, one eminent faculty from a place not farther from the place of

branch can be invited as a speaker.

6. Funding: The funding for the programme will be given by the Ministry of Corporate

Affairs after the branch conducts the programmes at their end. In other words, the

branch will initially incur the expenditure and the reimbursement would thereafter be

done on submission of documents. The branches organizing these programmes will be

entitled to a maximum reimbursement of

i. Rs. 35,000 for metro cities and cities where 30% HRA is admissible to Central

Government employees

ii. Rs. 25,000 for all other state capitals and district headquarters

iii. Rs. 30,000 for north-east state capitals and district headquarters

The Ministry has further mandated that there should be minimum attendance of 100

participants (Other than members of ICAI). All care should be taken to spend

judiciously and consciously for the programme and the Ministry expects that every paisa

spent for the programme is accounted for.

7. Expenditure: Statement of Expenditure and Utilization Certificate duly certified by

practicing Chartered Accountant and respective organizers of the branch should be sent

to the Committee Secretariat after holding the programme. Photographs taken during

the occasion be also sent along with the vouchers. Branches are advised to be highly

cost-effective and keep the expenditure as far as possible minimum.

8. Programme Structure: The draft programme structure is enclosed along with these

guidelines. Branch may follow the pattern so that uniformity is maintained throughout.

The programme shall be of 3 hours duration. The programme may preferably be held

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during morning or evening subject to the convenience of the local public and to enable

them to attend large in numbers.

9. Guest speaker: A chief guest for the programme may also be invited involving eminent

public personality / capital market expert / senior officials of the Ministry of Corporate

Affairs etc.

10. Venue of Programmes: The venue of the programme can either be branch/ Study

Chapters/ Groups /Circles premises or a public place.

11. Advertisement: Publicity for the programme be given well in advance by use of local

cable TV, cable, newspaper pamphlets, banners, pamphlets distribution etc. Please

inform the scheduling of programme well in advance so that the Ministry can also

arrange to publish advertisement in local newspaper. All efforts to be taken to ensure

that the message of the programme reaches the public and banners can be displayed at

various public places.

12. Coordination: The programme requires coordination with other agencies of the

Government of India and mainly with the constituent offices of the MCA. Wherever

ROC’s offices are located, ROC to be invited for the programme as a special

guest/speaker and other governmental agencies such as investor association, stock

exchanges, SEBI, branches of industry associations like CII, FICCI, ASSOCHAM etc.,

branches/local chapters of the other professional institutes such as ICSI, ICAI (erstwhile

ICWAI) etc, so that message of the programme reaches a broad spectrum of the place

where branch is conducting the programme.

15. Report: A brief report in soft copy about the programme should be sent immediately

after holding the programme by email at [email protected]. The hard copy along with the

necessary documents may be sent to the committee secretariat for reimbursement of

expenses at the address given below. (Report format enclosed)

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16. Feedback Form: The Ministry has desired that Feedback form on the programmes be

distributed to the audience and to get collected. (Feedback form enclosed)

17. Other Important Points:

(A) Limited number of photographs covering the technical sessions, audience

gathering and interactive session can be covered.

(B) Registers should be maintained at the entrance for recording the attendance

of participants.

(C) A Facilitation Desk can be opened at the entrance of hall where programme is

being held and public can be given reading material.

(D) The final invitation of the programme may also please be sent to following:

- Hon'ble Members of the Parliament

- Members of Central Council of respective region and all Government

Nominees.

- All members of Regional Council.

- President , Vice President ICAI

- Hon’ble Minister of Corporate Affairs

- Hon’ble Minister of State for Corporate Affairs

- Secretary, Additional Secretary, Joint Secretary, and Director MCA

Please also give appropriate prestigious positions to the Central Council embers and

Regional Council members present at the function.

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For Further details and correspondence

Committee on Financial Markets and Investors Protection

The Institute of Chartered Accountants of India

Administrative Block, Third Floor,

A-29, Sector – 62,

Noida – 201 309

Ph. No. 0120-3045945 (Direct)

CA. RAJKUMAR S. ADUKIA

Chairman, Committee on Financial Markets &

Investors’ Protection

Email: [email protected]

[email protected]

CA. Rohit Kumar

Officer in Charge, Committee on Financial Markets &

Investors’ Protection

Mb. 09650075010

Email: [email protected]

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ILLUSTRATATIVE TOPICS

31. Guide to Small Investors on Capital Market Operations

32. Understanding Corporate Disclosures

33. Investor Protection – Do’s and Don’ts

34. Frequently Asked Questions (FAQs) on Capital Market

35. Rights and Obligations of Small Investors

36. Investment Opportunities for Small Investors

37. Utility Role of Professionals for Small investors

38. Small investor’s Grievances and Redressal Mechanism

39. Role of regulatory Authority in Capital Market Operations.

40. Role of Intermediaries in Capital Market Operations.

41. Dependence on Stock Market

42. Investor Population and perception

43. Reforms in the Indian Securities Market

44. Book building through online IPO system

45. Collective investment scheme

46. Portfolio risk Management

47. Trading Mechanism

48. Returns in Indian Stock Market

49. Budget Announcements for Capital Market

50. Development of derivative market in India

51. Role of investor associations

52. Indian Stock Market – Present & Future

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53. Role of regulatory agencies in stock market

54. Trading online – do’s and don’ts

55. Green shoe option

56. Mutual fund scheme

57. Systematic Investment Plans

58. Leveraging risk

59. Commodities market in India

60. Role of FII in stock market

61. Fixed deposits in companies

62. Vanishing Companies

Note:

The speakers may kindly be advised to focus on their topics and of interest to the investors

and avoiding giving any tips, advise for investment as the programme is not intended for that

purpose. Further they may also avoid the criticism of the policies of the Ministry or any other

regulator and maintain the decorum of the programme. It is therefore important that the

branches to advise the speakers well beforehand their role and responsibilities.

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RECOMMENDED

PROGRAMME STRUCTURE

INVESTOR AWARENESS PROGRAMME ( 2013-2014)

"EMPOWERMENT FOR INVESTOR EDUCATION & PROTECTION"

Organised By

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA

Under the Aegis of

INVESTOR EDUCATION AND PROTECTION FUND (IEPF) OF MCA

04.00 p.m. 04.05 p.m. Address by Chairman, Organising Branch/ Regional Council of ….

the ICAI

04.05 p.m. 04.10 p.m. Address by CA ____________, Member Central Council ICAI

04.10 p.m. 04.20 p.m. Welcome of Chief Guest and Address

04.20 p.m. 04.25 p.m. Introduction & Welcome of Faculties

04.25 p.m. 05.15 p.m. Session I

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26.

05.15 p.m. 06.15 p.m. Session II

06.15 p.m. 06.45 p.m. Session III

06.45 p.m. 07.00 p.m. Interaction with Participants, Closing Remarks & Vote of Thanks

Documents to be Submitted

o Report of the programme conducted at your place in the prescribed format.

o The invitation card of the programme mentioning the details of topics and speakers

o A Statement of Expenditure duly audited and signed by an external Chartered Accountant

other than Branch managing committee.

o Utilization Certificate duly approved by an external Chartered Accountant in the prescribed

form.

o Feedback form (s) collected from participants

o At least 4-5 photographs covering the technical sessions, the dais and the audience

o The attendance sheet

o Newspaper clippings, if any.

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27.

UTILIZATON CERTIFICATE

(to be give on the Letter Head of the certifying Chartered Accountant)

This is to certify that amount of Rs………………. (Rupees ………..only) have been utilized on the

expense of Investor Awareness Programme held on ……………..2013/2014 at ………………… as per

the expenditure statement submitted.

Name: ……………………………

Membership No…………………

Designation……………………..

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Guidelines for Resource Persons for conducting Investor Awareness Programme-2013-14

The Guidelines for conducting such programmes by resource persons are as follows:

1. Programmes can be conducted at small towns, cities, blocks and taluka/tehsils but not in villages.

2. Progamme should be of 2 hours.

3. The target audience for the programme should be household investors, businessmen, housewives, students (higher secondary, graduate, post graduate and MBA students), persons who are working in Government department/private jobs etc.

4. Maximum Four (4) programmes can be conducted in a town after the gap of 20 days with different venues.

5. Number of participants should be at least 50.While conducting an IAP in a school premises, majority of participants i.e. atleast 25 participants should be non-students that may include teachers, staff members, students’ parents and general public. Photographs should clearly show the strength of non students participants.

6. Venue should be selected at a place where adequate number of prospective investors may be the target participants.

7. Pamphlet/ Booklet/ Reading Material with important points covered in the talk should be circulated. Material in Hindi or regional language can also be distributed. Soft copy of reading material will be provided by the ICAI.

8. Please send the programme details like (place, date, Venue, Target Audience) atleast 5 days in advance for approval at [email protected].

9. Topics to be covered may be restricted to the contents of booklets sent to you.

10. The following documents are required to be submitted within 15 days of conduct of programme to enable us to process reimbursement:

• At least 4 Photographs giving coverage of maximum number of participants with banner and faculty while the programme is in progress.

• Attendance sheet containing name, address and mobile nos. of the participants. Signatures of participants are must on the attendance sheet so provided.

• Brief Report covering aspects of Topics covered and feedback of participants.

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• A duly signed undertaking by Resource Person that the programme has been conducted at informed time and place. In case programme has been conducted at some organization, management/degree collage, school etc. then such undertaking has to be countersigned by organization head/principal also.

11. Programmes should not be used for publicity of any organization/firm/company or any investment product.