News From Press Segregation of advice from distribution simple, attractive but wrong

Segregation of advice from distribution simple, attractive but wrong

Source: ET Jan 18, 2018

Market regulator Securities and Exchange Board of India (Sebi) has come out with a third consultation paper on segregation of advice from selling of mutual funds. The fact that Sebi has not implemented the first two proposals is a good sign that the regulator is thoughtful and open to suggestions. It needs a bold step to altogether abandon the project of segregation of the two functions, which is simple, attractive and obvious. But wrong.

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1 Comment

Prashant · 6 years ago `

This is a perfrct article. The writer is very very lenient with words. He/she says that it is unintentional by SEBI which is actually exactly opposite. It is the clear intention of SEBI hands in gloves with AMFI.

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