Last month, the Securities and Exchange Board of India (Sebi) came out with a consultation paper on extending insider trading regulations to mutual fund (MF) units. At first blush, it sounds logical enough. After all, in two instances, Sebi caught a registrar and key management persons selling units of about- to-blow up schemes before the blow up became public knowledge. That sounds a lot like insider trading, though there was no listed company involved.
Beyond college funds: Why parents need to invest for a skills-first future
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