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At the Global Fintech Fest 2024, Nithin Kamath, Founder and CEO of Zerodha, discussed the dynamics of pledging and re-pledging securities while emphasizing measures to protect investor interests. He highlighted the importance of ensuring that shares remain securely in the customer’s demat account, pointing out that since 2020, regulations have strengthened this security. Prior to this, shares were transferred to brokers during pledging, exposing investors to risks. Kamath recounted an incident f
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