So, an unorganized trading strike will not work and an organized trading strike is a pipe-dream.
If SEBI bring Certification programs and Brokers perform their due-diligence on the basis of their client's merit not net-worth for participation in derivatives market; I think that would be more retail friendly move. It will bridge knowledge gaps and make our markets more efficient.
But capping participation in the Cash or Derivative section on the basis of ITR/Net-Worth, by no means is a viable point of view, And framing it with losses incurred by retailers is unacceptable. It clearly implies the discriminating stupidity of our Regulator.
My monthly salary is Rs.5000/-, I can still go to a sabzi mandi and buy 100kg aloo. Who will stop me? The "Trade Union of the Mandi" stating I cannot buy 100kg aloo because my income is Rs.5000/-.