AMFI has approached SEBI seeking clarification on keywords that can be used and cannot be used by MF distributors
Oct 12 2020
News Category: Regulatory Updates
According to media reports, AMFI has approached SEBI seeking clarification on keywords that can be used and cannot be used by MF distributors. Recently, many mutual fund distributors have been seeking clarity on keywords like usage of wealth, money and consultancy along with their company name. AMFI has also asked the capital market regulator to restore the cut off time for subscription and redemption in mutual fund schemes to 3 pm.