मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
Amfito form ethics committee to curb misconduct in AMCS
Business Standard
|May 31, 2023
Panel to take action on self-regulatory basis, will have no judicial powers, says Sebi chief
The Securities and Exchange Board of India (Sebi) is guiding the Association of Mutual Funds in India (Amfi) to form an ethics committee to take action against individual misdemeanours in asset management companies (AMCs).
Speaking at the inauguration of an office of Amfi in Mumbai on Tuesday, Sebi Chairperson Madhabi Puri Buch said the markets regulator was building an institutional mechanism to prevent and deter wrongdoings in the industry.
The proposed ethics committee of Amfi, a nodal association of mutual funds in the country, is envisioned to be able to take action on a self-regulatory basis against individuals who are found involved in misconduct such as front-running and insider trading.
यह कहानी Business Standard के May 31, 2023 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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