Representatives of a few IFA associations are likely to meet SEBI in Mumbai today.
Earlier, North-based Association of Mutual Fund Distributors (AMDA) had requested the market regulator for this meeting. The meeting is scheduled to be held on May 18 at 12 pm.
AMDA has invited representatives from many IFA associations across the country. Around 6-8 representatives are likely to attend this meeting.
AMDA representative told Cafemutual that they will bring up the issue of commission disclosure with SEBI. Also, the representatives will request the market regulator to seek feedback from all stakeholders – fund houses, IFAs and investors before coming out the final regulations.
