The FSS said an increase in manpower and an expansion of the unit's scope are needed to strengthen its capacity to respond to unfair trading practices in the capital market.
January 17, 2022Lawyers, real estate agents, investment advisers, and bank employees have repeatedly facilitated money laundering through US real estate by HNWIs and PEPs.
August 13, 2021Many financial firms may be offering ESG products only because it is lucrative to do so, says SEC commissioner Hester Peirce.
April 15, 2021The task force’s initial focus will be to identify material gaps or misstatements in issuers’ disclosure of climate risks under existing rules.
March 8, 2021Unlicensed advisers are barred from giving one-on-one investment advice to clients, but chat rooms have been serving as platforms for illegal consulting.
October 27, 2020The guidelines, finalised in July, require investment advisors to only offer either advisory or distribution services to a client, but not both.
September 30, 2020A presidential working group which includes the chairmen of the SEC, CFTC and Fed has recommended changes to US listing rules to require access to companies' audit papers.
August 8, 2020The final rules increase the net worth, qualification and experience requirements for investment advisers and introduce client-level segregation of advice and distribution activities.
July 8, 2020The net worth requirement has been lowered to $700,000 from $1.5mn previously following feedback on SEBI's January guidelines for Gift City investment advisers.
March 3, 2020The change would allow investors to bypass distributors, investments advisers and other intermediaries when purchasing and redeeming mutual fund units.
February 28, 2020