SEBI to define algo trading, revamp stock brokers’ rules

SEBI has also proposed to define Execution Only Platform (EOP) which means any digital or online platform which facilitates transactions such as subscription, redemption and switch transactions in direct plans of schemes of mutual funds Read More | Source: The Hindu Business Line…

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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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