SEBI has asked individuals to either become RIAs to provide fee-based services or opt for mutual fund distribution model to charge commission
Jul 03 2020
News Category: Regulatory Updates
No of Views: 176 Rate Now!

According to media reports, SEBI has asked individuals to either become Registered Investment Advisors (RIAs) to provide fee-based services or opt for mutual fund distribution model to charge commission. The market regulator has further explained that consumer discrimination shall not exist at individual RIA level. Regarding fees, SEBI said that it will provide separate guidelines to give details on modes of charging fees, periodicity and so on.

Related News
Title Report Date
SEBI says Asset Management Companies will undertake 10% corp bond t... 23/07/2020
SEBI Chairman acknowledged the need to develop the corporate bond ... 22/07/2020
AMFI has strengthened ARN renewal norms for mutual fund distributors 20/07/2020
SEBI has directed AMFI to appoint an agency that can value market l... 14/07/2020
SEBI has appointed former RBI Deputy Governor Usha Thorat as the ne... 13/07/2020
SEBI has prohibited RTAs, AMCs and digital platforms from promoting... 13/07/2020
Reports: Mutual fund investors will have to bear the burden of stam... 30/06/2020
AMFI has introduced a new set of norms for transmission of units in... 30/06/2020
SEBI has directed fund houses to invest 1% of the total funds raise... 15/06/2020
SEBI directs MF houses to list schemes in the process of winding up... 20/05/2020
SEBI directs mutual fund houses to increase exposure to G-Secs and ... 19/05/2020
SEBI has relaxed the KYC norms for mutual funds, PMS and AIF 28/04/2020
Reserve Bank of India has opened special liquidity window of Rs.50,... 27/04/2020
SEBI has directed AMFI to advise all mutual fund houses to introduc... 08/04/2020
SEBI has asked AMFI to give relaxation to mutual fund distributors ... 08/04/2020
More...