The Securities and Exchange Board of India (Sebi) wants to put in place a self regulation organization (SRO) for mutual fund distributors and registered investment advisers (RIAs) since they have now become a large part of the mutual fund industry. SRO is a structure used by most regulators globally to form a first line of regulation. Sebi has invited public comments on a consultation paper for the amendment of the Sebi (Self Regulatory Organizations) Regulations 2004.
Can the defence sector continue firing after 100% gains?
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