There is an uproar in the Indian investing community over the collapsing of the long- and short-term tax status of debt funds, removing the indexation benefit from financial year 2023-24 and the manner in which it was pushed through. There is an uproar in the Indian investing community over the collapsing of the long-...
Investors need protection from fraud, toxic products and mis-selling. Not from volatility. The Supreme Court may consider widening the terms of the panel on investor protection The Supreme Court (SC) has advised the government to set up a committee to review the current investor protection regime in light of the recent crash in the...
A recent Sebi decision to scrap Brickwork Ratings’ licence has sent a strong message. Now, courts must consider carefully the issue of investor protection as many funds rely on rating agencies to deploy the household savings of citizens. The market regulator, Sebi, cancelled the licence of Brickwork Ratings because of poor stability in ratings, failure...
SEBI has reconstituted its advisory committee on Investor Protection and Education Fund (IPEF) and appointed Monika Halan as the Chairperson. Monika is noted author, writer, speaker and professor, NISM. The 8-member committee comprises two members from the MF industry – A Balasubramanian, MD and CEO, Aditya Birla Sun Life AMC and Mrin Agarwal, Founder, Finsafe...
Capital markets regulator Sebi has restructured its advisory committee on Investor Protection and Education Fund (IPEF). The panel is mandated to recommend investor education and protection activities that may be undertaken directly by the markets regulator, or through any other agency, for utilisation of the Sebi Investor Protection and Education Fund. The eight-member committee will...