Distributor seeks stay order on SEBI’s commission disclosure circular in Jharkhand High Court

Greetings.

Nice move,
Sebi do work in pressure of IRDA.
remember episode of former SEBI chief CB VABE,
They r fired in 3 yr as he file case against all insurance company.
CB vane did nice work for investors.
Present chief like manmohan.

Where good men, hats of to u men, and ask resignation of this chairman, because this man destroyed uti amc with hands joined with jayalalitha, and chidambaram these current sebi chairman destroyed the biggest uti mem and now he destroying IFA

Where good men, hats of to u men, and ask resignation of this chairman, because this man destroyed uti amc with hands joined with jayalalitha, and chidambaram these current sebi chairman destroyed the biggest uti mem and now he destroying IFA

GOOD MOVE, SUPPORT , UNITE,

Mutual Fund Associations NEED TO WAKE UP NOW
Its Now or Never.

Zero Commission create future UNemployment.

and distributors hardwork is destroy by Direct & Zero Commission ,ONline.

We all distributor should support Maheshwari ji financially, as we all know these work takes more time n money.
Pls provide contact details so that we as family can support Maheshwari ji.
I m ready to contribute.

I do not think anybody should be forced to disclose his/her income. Regulators or AMCs may increase or decrease the commission rates, as they think fit but why should it be disclosed to investors. I can't understand why this person it running behind distributors with a stick. It looks like he has some personal enemity with distributors. None of clients demanding that their distributors income should be disclosed to them. In india, if clients come to know that their distributor is getting Rs. 5 from their investment, they will start demanding Rs. 2.5 from distributor, this is tendency of most of the people in India. Disclosure would hamper the Mutual Fund Advisor's business. Clients will feel that distributors are snatching money from them. It will throw many distributors out from this business. None i.e. clients, distributors and MF industry is going to gain anything from this move.

Are Mutual Fund distributors doing any harm to the mutual fund industry ? Are they not contributing to the growth of this industry ? Are they engaged in some wrong doing ? Are they getting very hefty commission for their hard work ? Are they doing some illegal business by selling MF products ? Answer is no for every question. But from the proposed adament move of commission disclosure by SEBI, ie t looks that distributors are doing all these harms to the industry. I think this industy has reached this scale due to distributors only. Government is not forcing other industries to disclose their income, then why they are so much interested in doing so in MF business, we are unable to understand it.

This move should be very strongly opposed. I thank to Priyanka Maheshwari for taking pain for trying to same MF distribution business, employment of many people and MF industry.

I thank to Priyanka Maheshwari for taking this issue of IFAs to fight with the concerned. Congrats Priyanka !!!

We earn very little payout by the valuable advice, hard work and several follows ups with the clients. Sometime it does not even cover the petrol cost for the work we do to create a SIP for the client. And all this money is white not black money. After the" black money disclose scheme" not it is time for "commission disclosure scheme" . We should all bring attention of the whole country if required and last of all " United we stand United we grow united we voice together" because this is indeed not good a over regulation by SEBI. All the support to Priyanka for the step she took to save the IFA family.

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What is the latest news? Is it thru or the appeal got stay orders?