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NSE fooling the IFA's after taking Rs 15000/- as security and now saying that the matter is with regulatorNo. of comments:10 Dheeraj kapoor, Lucknow, 55323 On 01-Oct-2014

Dear Friends, today i am forced to write against he recent case of NSE. NSE had recently made presentation in different cities including Lucknow in August 1 st week about its launching date of Mid of september, there marketing partner CAMS asked the IFA's to pay the amount and offered the early bird scheme that before 15 th august the NSE will waived off the registration fees of 2000/-. but till date after collecting Rs 15000/- from us, there had been no response from NSE. On top of that its executive Mr Vikas parmar is saying that Launch will be further delay till diwali or more. Friends this is the fraud that had been done by NSE under the nose of SEBI. Sebi knows it but they are not taking action. Please raise this issue and we want our security to be refunded along with the delayed interest, since NSE had fooled the IFA's. iF they were not ready about its launh then why they had given the presentation.

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Comments Posted

Dheeraj Kapoor ARN NO :55323 Lucknow, 20 Oct 2014

Today on 20/10/2014, on confirming the date of launch NSE did not give the answer, they said the date is shifted in November 2014. I mean such kind of excuses are given by real estate builder, NSE is not serious about the IFA''s business. Please those who had given the security should ask for refund with interest of 3 months.They are fooling the IFA''s. If it was the case with banking all the software would be ready and delivered.

sanjay ARN NO :59217 Delhi, 10 Oct 2014

please inform the forum the full details. Even those ignorant of the scheme will know the detail and who knows, they stand with you. Remember, there is security in nos. If we unite, probably, NSE will have to bow down, if they are on the wrong side.

ANIL VANJPE ARN NO :3225 THANE, MAHARASHTRA., 04 Oct 2014

SEBI always gets its piece of cake first before hand. Its understood largely that very few speak against regulator. Thirdly when few protest though very truthfully they are to be ignored. This applies in politics as well as with SEBI. What I have been saying since since 2008/09 is being accepted without admitting, in some cases from back door. Any way at least we are noticing some changes in fund management and fund houses accountability and IFA are receiving handful money after 5 years.

bal sachin gupta ARN NO :37837 lucknow, 04 Oct 2014

Dear ORACULO , kindly provide your no to us at 9838789526 , as have some query n need ur feedback regarding online transaction platform on finsoft.

Sam Koshy ARN NO :5727 KOLLAM, 04 Oct 2014

Who says a platform is a must for MF business to grow ? Even if somebody feels it a must why can''t people wait for sometime to know about the user reviews ? IFAs must notice that there is no need of a platform for MUTUAL FUNDS business to grow. The making & publicizing of these platforms are a hidden agenda to make all existing investors attracted into the platform directly and to remove all small distribution system from the Nation totally. As Wisemen said "Wisdom & Attitude are the big things than education and technology" to succeed in your ways.

Navin Kumar ARN NO :83441 Patna, 04 Oct 2014

What NSE has done is nothing less than betrayal. It has done the same thing what the real estate company does ie before getting sanctions from authority they raise the money from the public. I am surprised under the nose of SEBI, NSE dare to repeat the mis conduct. SEBI must look into.

ORACULO ARN NO :79502 Ahmedabad, 04 Oct 2014

Dear ALl, We are Using Onine platform provided by FIN-SOFT.com, It is working realtime and Advsior or Investor directly can do transactions online. contact Details ashesh@fin-soft.com CEll No:#09825028551. Allways looking for Paid Solutions rather to for "FREE".

MILAN SHAH ARN NO :ARN-23940 VADODARA, 04 Oct 2014

GOOD

tarun ARN NO :14755 delhi, 04 Oct 2014

dear plz also describe under which account they have collected the money & wt are the breaches

Hattangady Rajesh ARN NO :26966 Thane, 04 Oct 2014

I guess the product is ready and the testing is underway. However in the absence ofany communication from NSE is giving wrong signals to the IFA community. I received a letter from NSE in regards to the permission being granted and that we would be provided the password etc at a latter date, which is awaited. Interesting fact is the letter from NSE doesn''t carry any contact number, concerned person to revert to and hence the impression. To call it a fraud, would be stretching it too far.