Tuesday, December 24, 2019

Sebi proposes to discontinue usage of pool accounts for mutual fund transaction

Sebi proposes to discontinue usage of pool accounts for mutual fund transaction In order to address these challenges and to promote a secure investing environment in MF, Sebi has "proposed that pooling of funds or units by stock brokers, MFDs, IAs and other platforms may be discontinued for mutual fund transactions".

from Moneycontrol Business News https://ift.tt/2ZjdMC8
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