Sebi sets up working groups to review roles of sponsors, trustees of MFs - Economic Times

The working group will recommend an alternative set of eligibility criteria for entities to act as sponsor; review the existing eligibility requirements for being a sponsor; recommend mechanisms for addressing conflict of interest that may arise if pooled inv…

New Delhi: Sebi on Friday formed two working groups to review the role and eligibility of a sponsor of a mutual fund to facilitate growth and innovation in the industry and to streamline the role and… [+3369 chars]

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