MF Distributors Approach Sat Over SEBI’s Direction On Commissions Disclosure Mutual fund distributors have approached the Securities Appellate Tribunal (SAT) against the regulator’s direction to disclose the commission received from every individual investor, three people familiar with the development said. “Distributors, represented by United Forum of distributors, have challenged Sebi’s (Securities and Exchange Board of … Read More →
SEBI Plans To Seek Amendments To Securities Law Sebi plans to approach the government seeking amendments to securities law for more clarity on adjudicating officers’ discretionary powers in determining the quantum of monetary penalty in cases of violations. The move comes after the Supreme Court recently rejected the regulator’s plea that an adjudicating officer has … Read More →