Comment on the following: Depository participant provides link between the company and investors.
CS Executive · Capital Markets & Securities Laws · PYQS · June 2016
Comment on the following: Depository participant provides link between the company and investors.
Answer & Explanation:
Just as a brokers act an agent of the investor at the Stock Exchange; a Depository Participant (DP) is the representative (agent) of the investor in the depository system providing the link between the Company and investor through the Depository. The Depository Participant maintains securities account balances and intimate the status of holding to the account holder from time to time.
Topics: Securities Laws
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