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Sebi outlines measures to boost investment advisory ecosystem

Business Standard

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March 17, 2026

Sebi chief Tuhin Kanta Pandey announced a common advertisement code and a review of overlaps between MFDs and IAs

- KHUSHBOO TIWARI

The Securities and Exchange Board of India (Sebi) has set up a working group to review the regulatory framework governing mutual fund distributors (MFDs) and address overlaps between MFDs and investment advisers (IAs), chairman Tuhin Kanta Pandey said on Monday.

Speaking at the ARIA Aspire 2026, a conclave of investment advisors, Pandey said the regulator is also working on a common advertisement code for all intermediaries. This would reduce operational challenges and bring greater consistency in communication with investors.

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