News From Press Mutual fund industry in a bind over Sebi's new rules for executing trades

Mutual fund industry in a bind over Sebi's new rules for executing trades

The regulations, which were notified in late October and lay down a code of conduct, have raised privacy concerns and may lead to longer working hours for fund managers

Business Standard Dec 23, 2020

The Securities and Exchange Board of India’s (Sebi’s) diktat prescribing standards for executing trades may open a Pandora’s box for the mutual fund industry. The regulations, which were notified in late October and lay down a code of conduct, have raised privacy concerns and may lead to longer working hours for fund managers.

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