Thursday, July 1, 2021

Franklin fund executive Vivek Kudva says India regulator exceeded authority in banning him

Franklin fund executive Vivek Kudva says India regulator exceeded authority in banning him Vivek Kudva, head of Asia Pacific distribution at FT, was barred last month by the Securities and Exchange Board of India (SEBI), which said he and his family members used non-public information to sell holdings worth about $4 million in Franklin debt funds that were shut down weeks later and caused investor panic.

from Moneycontrol Business News https://ift.tt/3ycL1Yc

No comments:

Post a Comment

Global Market Today: Asian stocks hit record highs, oil heads for weekly loss

Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflatio...