SEBI proposes measures to prevent market abuse & fraud in AMCs
SEBI proposes measures to prevent market abuse and frauds by requiring AMCs to implement surveillance systems, internal controls, and reporting mechanisms.
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SEBI asks AMCs to file final offer documents digitally as part of “go green” initiative
To safeguard the interests of investors in securities market, all new fund offers (NFOs) will remain open for subscription for a minimum period of three working days, SEBI stated.
Ahmedabad Municipal Corporation pledges to plant 71,000 trees to mark the birthday of PM Narendra Modi
On the occasion of the 71st birthday of Prime Minister Narendra Modi, the Ahmedabad Municipal Corporation initiated to plant 71,000 young trees, Gujarat Chief Minister Bhupendra Patel had also taken participation in the drive.
Mutual Fund Houses, AMCs to approach SEBI against Multi-cap funds circular, flexi-cap may see rise
The Mutual fund houses, AMCs are likely to approach the Securities and Exchange Board of India (SEBI) against the portfolio structure of multi-cap funds. SEBI on Friday had issued a circular mandating composition of multi-cap funds. It had ordered to invest 25% each in large-cap, mid-cap, small-cap stocks.