SEBI permits use of mutual funds for IAs, RAs deposit compliance

Currently, Investment Advisers (IAs) and Research Analysts (RAs) are mandated to maintain a specified deposit with a scheduled bank, marked as a lien in favour of the Investment Adviser Administration and Supervisory Body (IAASB) or the Research Analyst Administration and Supervisory Body (RAASB), as applicable Read More | Source:…

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