Brokers Guaranteed Return Scheme: If Money Gets Stuck Then Will Not Get Compensation From Exchange

There is a big update regarding the guaranteed scheme for investors. If someone has invested money in the guaranteed return scheme of the broker and later the money gets stuck, then the exchange will not give compensation. Even if a deal is not done on the platform of the exchange itself. The Securities Appellate Tribunal (SAT), while giving a decision in a case, said that giving guaranteed returns is against SEBI, exchange rules. The client is not relieved of the exchange on the Guaranteed Return Scheme.