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Sebi's nod to IMFI challenged; row over MF self regulator

DO_NOT_USE-MoneyControl logoDO_NOT_USE-MoneyControl 28-03-2014 Money Control
Sebi's nod to IMFI challenged; row over MF self regulator © Provided by Money Control Sebi's nod to IMFI challenged; row over MF self regulator

Sebi's attempts to appoint a self regulatory organisation (SRO) for distribution of mutual fund products has hit a roadblock.

According to CNBC-TV18's Ashmit Kumar, one of the contenders for becoming this self regulator has dragged the market regulator to court over its decision to appoint institution of mutual funds intermediaries (IMFI).


more details to follow

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