Expense AccountMutual FundsPersonal FinanceMarch 22, 2016by Monika Halan0Chemist or doctor: Sebi’s nudge to the industry
Sebi goes for more disclosure. That's good. But govt needs to get IRDAI to play ball.
Expense AccountUncategorizedFebruary 16, 2016by Monika Halan0Why you should worry about who is heading Sebi
Sebi chief is important to the retail investor because he sets the rules of the game
Expense AccountMintFebruary 2, 2016by Monika Halan0Can NPS be advertised as ‘safe’ when ETFs cannot?
The pension regulator got a bit of a beating last week on Twitter. The chatter was around a National Pension System (NPS) advertisement issued by the regulator calling a market-linked product “safe”. The ad, which can be seen here: http://mintne.ws/1SVoozI , calls the NPS a “safe retirement fund”. The anger, predominantly in the mutual fund...
Expense AccountFebruary 18, 2014by Monika Halan0Sebi’s anti-competition hike
Turning over the recommendations of its own committee, Sebi hikes the net worth requirement for mutual funds from Rs 10 crore to Rs 50 crore. Anti-competitive move.
Consumer RightsPersonal FinanceNovember 12, 2013by Monika Halan0Sebi gives RBI a chance to clean up mis-selling by banks
Regulatory turf wars hurt consumers of finance. Mis-selling mutual funds by HSBC Bank fell in the cracks between RBI and Sebi.
Expense Account, Mint It is not often that one finds an existential question in a dry piece of financial sector regulation. But read the Securities and Exchange Board of India (Sebi) Investment Advisers Regulation 2013 (http://goo.gl/4b5RK) carefully and you find the question “who am I?” being asked of the financial intermediaries who face the retail...
Expense AccountAugust 8, 2012by Monika Halan0Financial well-being = order in marketplace + financial literacy
Expense Account, Mint The draft National Strategy for Financial Education (you can read it athttp://www.sebi.gov.in/cms/sebi_data/attachdocs/1342416428845.pdf) put together by the apex regulatory body, the Financial Stability and Development Council (FSDC), is up for public comments right now. It is a joint effort by various financial sector regulators to have a common road map for getting 500...
Expense AccountJune 27, 2012by Monika Halan0India’s worst fund houses and the importance of benchmarks
Expense Account, Mint Last week, Securities and Exchange Board of India (Sebi) chairman U.K. Sinha, speaking at the Confederation of Indian Industry Mutual Fund Summit, said something that took many of us by surprise. It is not often that a capital markets regulator speaks about the performance of products, the lack of it and how...
Expense AccountFebruary 15, 2012by Monika Halan0As the life industry contracts, why Irda may be feeling Sebi-ish
Expense Account, Mint The Rs2.9 trillion Indian life insurance industry has, for the first time since privatization in 2000, seen contraction over two consecutive financial years. Fiscal 2010-11 saw a shrinking of 20% and the full year 2011-12, estimates the insurance regulator, will contract 15%. This means that enough of us did not buy an...
Expense Account, Mint Sometimes a committee leaks a proposal it is considering to test reaction in stories and comments. Or sometimes it is a dissenter to what is being discussed who will leak a proposal or a decision to get public opinion against what is being proposed. Either of the two must have happened last...