Queries are as follows; 1. A client want to carry on the Business of Commodity Trading, so do he required to take prior consent of SEBI? 2. He don't want to get into legalities and compliance's prescribed by SEBI, then is there any alternative option available to him? 3. If he want to take franchise of Security trading, then is there any issues? Kindly advise!! Thank You-Team Compliance Calander & Gaurav Sir!! Regards; CS. Anand Jain.