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  • News From Press Sebi board to discuss Franklin Templeton wind-up move, MF liquidity

    Sebi board to discuss Franklin Templeton wind-up move, MF liquidity

    Source: Business Standard Jun 16, 2020

    The capital markets regulator, Securities and Exchange Board of India (Sebi), is likely to discuss legal issues concerning refunding investors of Franklin Templeton Mutual Fund (MF) and the status of the special audit against the fund house during its board meeting on June 25.

    The regulator could also apprise the board of details on the extent of redemption mutual fund houses are facing and the liquidity position of their debt schemes, said two persons in know. Sebi’s eight-member board will for the first time hold the meeting via video conferencing in light of the Covid-19 ...

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    1 Comment
    Prashant · 3 years ago `
    What were they doing all this time and why the meeting on 25th June? This had called for the meeting immidiately from the time this fiasco was created by themselves only.
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