Six resignations at DSP Investment Managers recently following an internal probe for allegedly violating the firm’s code of conduct have set the tongues wagging in the mutual fund industry. The asset manager’s investigations showed these employees had failed to disclose to the company several ‘personal loans’ they had given to two individuals, including a former employee, now a stock broker. A whistleblower had brought this to the management’s attention.
Prima facie, loans to former col ..