(Representative image) NEW DELHI: Market regulator Sebi (Securities and Exchange Board of India) amended the asset allocation framework on Friday to multicap mutual funds, calling for such funds to have a minimum corpus of 75 percent invested in stocks compared to the current mandate of 65 percent. In addition, such …
Read More »Sebi Refuses to Extend September 1 Deadline to Implement New Margin Commitment Rules
NEW DELHI : Markets regulator Sebi has refused to extend the Sept. 1 deadline to implement the new rules on margin commitment, brokerage association Anmi said on Monday. The new mechanism aims to provide transparency and prevent brokerage houses from misusing client securities. The decision was made after Sebi’s meeting …
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