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Declaration for execution-on y” transaction (only where RUIN box is left blank) (Refer Instruction No. XIII) I/We hereby confirm that the RUIN box has been intentionally left blank by me/us as this
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What is declaration for quotexecution-onlyquot transaction?
A declaration for quotexecution-onlyquot transaction is a document submitted to confirm that a transaction was executed on behalf of a client without providing any advice or recommendation.
Who is required to file declaration for quotexecution-onlyquot transaction?
The financial institutions or brokers who facilitate quotexecution-onlyquot transactions are required to file the declaration.
How to fill out declaration for quotexecution-onlyquot transaction?
To fill out the declaration for quotexecution-onlyquot transaction, you need to provide relevant details such as the client's name, transaction details, and confirm that no advice or recommendation was given.
What is the purpose of declaration for quotexecution-onlyquot transaction?
The purpose of the declaration for quotexecution-onlyquot transaction is to provide transparency and ensure that clients understand and acknowledge that they are solely responsible for their investment decisions.
What information must be reported on declaration for quotexecution-onlyquot transaction?
The declaration for quotexecution-onlyquot transaction must report the client's name, transaction details, confirmation that no advice or recommendation was given, and any other required information stipulated by the regulatory authorities.
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