Deep Dive – Mutual Funds and the regulator
Apr 28, 2018, 09:39 AM
On January 2 the Securities and Exchange Board of India, or SEBI, released its third consultation paper on mutual fund adviser guidelines.
This step by SEBI is meant to address apprehensions of mis-selling by intermediaries. The intent is no doubt positive - protection of investors from commission-hungry entities and avoiding conflict of interest.