Some mutual funds are leading investors to believe they will receive fixed returns, and projecting high returns based on past performance.
March 8, 2023Neuberger Berman and Fidelity International are launching new funds. AllianceBernstein won approval. UBS is planning to apply. VanEck is withdrawing.
March 6, 2023The BRSR framework will be enhanced to require assurance on ESG disclosures. SEBI also proposes mandatory requirements for ESG rating providers.
February 24, 2023Consultation paper sets out the core responsibilities of mutual fund trustees and proposes to make the boards of AMCs more accountable.
February 16, 2023Morgan Stanley Investment Management becomes the 7th foreign firm approved to fully own a domestic mutual fund business.
February 7, 2023The roadmap has five pillars, each comprising several action plans. Separate rules will be established for digital assets with the characteristics of securities.
February 7, 2023About 20 depositaries and 300 individuals will require licensing under RA 13, the new regulated activity for depositories of collective investment schemes.
February 6, 2023Investments in financial industry sector funds will be prohibited. The SEC will be able to collect employee trading data via an automated electronic system.
February 2, 2023The final phase of India's T+1 transition roadmap covered the country's largest listed securities, which transitioned to the new settlement cycle on Friday.
January 30, 2023SEC commissioners Hester Peirce and Mark Uyeda issued a joint statement saying they do not support the action against Bloomberg.
January 25, 2023