Mutual fund industry expects new Sebi leadership to tighten norms

All distrbutors be ready as the industry wants to reduce cost and we all know who pays for it. I have till date not seen an industry which wants to reduce their margin and that also through government regulation. Distributors are going to be wiped out like this. Use and throw policy of AMCs with the help of government is going to remove us completely and create huge unemployment going forward. I know still distrbutors will not unite and call me negative so be ready to give away your years of hard and sincere work to these blood sucking corporates.