News From Press Sebi to alter investment advisory norms for mutual fund distributors

Sebi to alter investment advisory norms for mutual fund distributors

Source: Business Standard Sep 1, 2017

The Securities and Exchange Board of India (Sebi) may go ahead with tweaking its investment advisory guidelines for mutual fund (MF) distributors, even as it faces opposition from the latter. In June, the markets regulator had proposed changes to the Sebi (Investment Advisers) Regulations, 2013, to prevent conflict of interest between “advising” and “selling” of investment products by the same entity or person. As part of its proposals, an entity offering investment advisory services shall not be permitted to offer distribution/execution ...

Click here to read more>>

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

Mid-cap Indian IT companies expected to outperform large-cap firms in FY25

Striking gold in stocks: How equity culture is taking India’s households by storm

EXPLAINER | How MF Lite gives a fillip to passive funds

Northern Arc aims to raise Rs 1,000 cr through alternate investment fund

Equity rally fuels fastest quarterly growth in MF assets in five years

6 equity mutual funds offer over 25% CAGR in five years

Retirement planning: 5 things to keep in mind when planning your retirement corpus allocation

Investment insights from one of the most successful midcap fund managers in India

Be cautious about high valuations in lower end of market, warns Kotak Mutual Fund CIO Harsha Upadhyaya

Explained: How to interpret Treynor Ratio in mutual funds

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

2 Comments

Prashant · 7 years ago `

It seems SEBI while eating, sleeping , running and walking only only thinks about how to kill our livelihood. To hell with them now. All distributors please protest SEBI1 by stop selling mutual funds completely. Let them know our importance. I hope now we will unite because 'ABHI NAHI TO KABHI NAHI'. We will be out of work any which ways. So no sense in continuing under rubbish regulations.

Sanjeev C. Bhatkar · 7 years ago

I think it is high time that AMCs should express their views and stand on this subject encompassing issues of adisory / distributor saggregation , RIA , dec aration of distributors to clients etc and convey the same to SEBI. AMCs should also take distrbutors in confidence and extend their cooperation in forwardind apprehensions and views to SEB. So far none of AMCs has showed any interest in holding face to face meeting with distributors to ponder upon this subject. Distributors alone cannot ask for fair playing field because , as on date , they aren't connected to each other and hence communication amongst them has become practically difficult.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

As regards Portfolio Management Services (PMS), what is your status

Actively selling PMS

Not selling PMS but considering it seriously

Not selling PMS and not considering it either

EVENTS FORUMS