[ad_1] Markets regulator SEBI has amended Alternative Investment Funds (AIF) rules directing them to grant investors’ rights in investment and distribution of proceeds in proportion to their commitments in a scheme. In simple words, risks as well as rewards from investments made by an AIF scheme need to be shared in proportion to investors’ contributions […]
SEBI asks QSBs to offer UPI mechanism, 3-in-1 facility to investors from Feb 1 – CNBC TV18
[ad_1] Markets regulator SEBI on Monday asked qualified stock brokers to offer either the facility of trading in the secondary market using the UPI-based block mechanism to their clients similar to the ASBA facility or a three-in-one trading account facility from February 1. These qualified stock brokers brokers (QSBs) must offer one of these two […]
SEBI issues advisory on communications from intermediaries seeking operational, policy clarifications – CNBC TV18
[ad_1] Markets regulator SEBI on Thursday outlined its communication policy with intermediaries and regulated entities, issuing an advisory on the requirements for obtaining approvals and clarifications on securities market regulations. In a statement, SEBI has asked registered intermediaries and regulated entities to implement measures requiring its approval or clarification only after receiving explicit, written communication […]