Client Consent & Terms of Service
Between Research Analyst (Rinki Shyamlal Jaiswal, SEBI Reg. No. INH000026415) and Client, as required for SEBI Registered Research Analysts.
1. Parties & Scope
- (a) Research Analyst (RA): Rinki Shyamlal Jaiswal, SEBI-registered Research Analyst, Reg. No. INH000026415, providing research-only services and not executing trades or offering portfolio management or investment advisory services.
- (b) Client: Any individual or entity subscribing to or using the research services of Rinki Shyamlal Jaiswal for personal and non-commercial use.
By subscribing, accessing, or using any research report or communication, you confirm you have read, understood, and agreed to these Terms of Service (TOS), SEBI (Research Analyst) Regulations, 2014, and related circulars including the Investor Charter, MITC, and RA Guidelines issued by SEBI and RAASB from time to time.
2. Nature of Services
- (a) Services are limited to research reports, model portfolios (if provided), market commentary, and educational discussions, based on publicly available information and technical and fundamental analysis.
- (b) All reports are for information and personal use only; clients must exercise independent judgment and may consult their own advisor before acting on any recommendation.
3. Research Report Terms & Conditions
- (a) Recommendations are based on technical and fundamental analysis of publicly available information believed to be reliable and accurate at the time of publication.
- (b) Unless otherwise stated, recommendations are intended for a 12-month investment horizon.
- (c) All reports, including third-party reports, are carefully reviewed prior to dissemination to ensure accuracy and avoid misleading statements.
- (d) A daily closing chart of securities is available at NSE Charting Portal and BSE Charting Portal.
4. Regulatory Compliance & Segregation
- (a) The Research Analyst shall comply with SEBI (Research Analyst) Regulations, RAASB directions, and applicable laws at all times.
- (b) Clients cannot simultaneously receive research and distribution services from the same group/family; at onboarding, clients must choose either research or distribution service only.
5. Client Information, KYC & FATCA
- (a) Clients agree to provide true, complete, and current personal, financial, and KYC details, and to update any change in residency, tax status, or politically exposed status within 30 days.
- (b) Data may be verified with the KRA and disclosed to competent authorities as required under Indian law and FATCA-related obligations; misrepresentation may lead to service termination and regulatory reporting.
6. Risk Disclosure & No Guarantee
Clients acknowledge and agree that:
- (a) Investment in securities markets is subject to market, credit, liquidity, operational, regulatory, litigation, cyber, and other risks, and may result in partial or total loss of capital. Read all related documents carefully before investing.
- (b) Futures & Options and open positions without stop-loss/targets carry higher risk; exiting on a 10 to 15% loss is strongly advised for risk control.
- (c) Past performance does not indicate future results; no returns, accuracy, profits, or loss protection are assured or guaranteed.
- (d) No claims, compensation, or recourse exist for losses arising from acting on or relying upon research reports, calls, comments, model portfolios, or group discussions.
“Registration granted by SEBI, Enlistment with RAASB, and certification from NISM do not guarantee the performance of the intermediary nor assure returns to investors.”
7. Use of Research, Copyright & Confidentiality
- (a) Research reports, commentary, recordings, and other content are strictly for personal use and must not be reproduced, redistributed, forwarded, or published without prior written consent of the Research Analyst.
- (b) Client confidentiality and data security are maintained in line with applicable laws; AI/Algo tools are used only as supplementary inputs, which may carry risks such as model error, data bias, and system failure.
8. Conflicts of Interest & Disclosures
- (a) The Research Analyst endeavors to avoid, disclose, and mitigate any actual or potential conflict of interest as per SEBI and RAASB guidelines; any material conflict affecting services will be promptly intimated to the client.
- (b) At the time of issuing research, the RA declares there is no conflict, financial interest, or compensation from the subject company likely to prejudice the independence of research, unless specifically disclosed in the report.
9. Service Conduct, Suspension & Termination
- (a) All communication is ordinarily through group formats and standardized reports; one-on-one trading or investment services are not provided and must not be sought.
- (b) Services may be suspended or terminated, with or without notice, in case of TOS violation, regulatory direction, inaccurate KYC, misuse of content, impersonation, or non-payment beyond the grace period; in such cases, only eligible pro-rata refunds (if any) will be processed per regulations.
10. Most Important Terms and Conditions (MITC)
Applicable to research services by Rinki Shyamlal Jaiswal (RA), SEBI Registration Number INH000026415.
These terms and the consent thereon are for the research services provided by the Research Analyst, who cannot execute or carry out any trade (purchase/sell transaction) on behalf of the client. Clients are advised not to permit the RA to execute any trade on their behalf.
The fee charged by the RA to the client will be subject to the maximum amount prescribed by SEBI / RAASB from time to time (applicable only for Individual and HUF clients).
The RA may charge fees in advance if agreed by the client. Such advance shall not exceed the period stipulated by SEBI, presently one year. In case of premature termination of RA services by either party, the client shall be entitled to seek a refund of proportionate fees only for the unexpired period.
Fees may be paid through cheque, online bank transfer, UPI, and similar modes; cash payment is not allowed. Clients may optionally pay through the Centralized Fee Collection Mechanism (CeFCoM) managed by BSE Limited.
The RA is required to abide by applicable regulations, circulars, and directions specified by SEBI and RAASB regarding disclosure and mitigation of conflicts of interest, and will endeavor to promptly inform the client of any conflict that may affect services rendered.
Any assured, guaranteed, or fixed-returns schemes, or schemes of a similar nature, are prohibited by law and shall not be offered by the RA. The RA cannot guarantee returns, profits, accuracy, or risk-free investments. Any investment made based on research report recommendations is subject to market risks, and there is no recourse to claim losses. Reliance placed on the research report shall be as per the client’s own judgement and assessment.
“SEBI registration, enlistment with RAASB, and NISM certification do not guarantee the performance of the RA or ensure any returns to the client.”
11. Grievance Redressal & ODR
For grievances (non-receipt or deficiencies in reports, service issues), clients must first contact:
The Research Analyst will aim to respond within 7 business days or within SEBI-prescribed timelines. If unresolved, complaints may be escalated to SEBI via SCORES, the SMART ODR portal, or SEBI toll-free helplines 1800 22 7575 / 1800 266 7575. Cyber frauds may be reported to the National Cyber Crime Portal and Helpline 1930, as per government guidelines.
12. Jurisdiction, Governing Law & Amendments
These Terms of Service are governed by the laws of India and SEBI/RAASB regulations; courts at Thane, Maharashtra shall have exclusive jurisdiction over any disputes. The Research Analyst may update these Terms to reflect regulatory changes or business requirements; material changes will be notified via TrinetraSutra official website or email, and continued use of services constitutes deemed acceptance of the updated Terms.
13. Client Declaration & Consent
By proceeding, the client hereby:
- Confirms Indian residency and tax status as declared (including non-PEP status, if applicable), and agrees to promptly update any change.
- Confirms having read and understood the SEBI (Research Analyst) Regulations, Investor Charter, MITC, RA Guidelines, and these Terms of Service, including all risk factors and limitations of liability.
- Accepts that all investment decisions based on research are taken at their sole discretion, risk, and responsibility, without any assurance, guarantee, or recourse against the Research Analyst.