The move comes under Project Jagrook—SEBI’s nationwide investor education initiative—and coincides with the upcoming World Investor Week 2026. The directive builds on SEBI’s May 2023 mandate, which required brokers to display mandatory risk disclosures to their clients.
According to a circular issued on Thursday, October 1, the rollout will take place across phased timelines depending on the digital platform. For broker websites, intermediaries must display both the regulator-prescribed awareness messages and the existing risk disclosures between October 5 and October 31, 2026. From November 1 onwards, displaying the awareness messages directly on the website landing page will become mandatory.
For mobile trading apps, displaying the awareness messages will remain voluntary between October 5 and October 31. During this window, if a broker chooses to show the awareness creatives on any given day, displaying the risk disclosures will become optional for that day. However, starting November 1, brokers must mandatorily display the awareness messages and the risk disclosures on alternate days on the landing page of their trading apps.
SEBI noted that the specific investor awareness creatives shared with intermediaries may be modified periodically. All other existing provisions governing risk disclosures remain unchanged.
Also Read: SEBI’s new PMS rules: How the ₹25 lakh route and wider asset choices could affect investors
