Sebi proposals to even out India’s advisers: experts
Sebi's latest proposals to segregate advice and product distribution indicate a marked shift in thinking and plugs loopholes that were to the detriment of investors, said experts.
A new consultation paper from India’s Securities and Exchange Board of India (Sebi) on separating investment advisers’ financial advisory functions from product distribution appears to have addressed lingering conflict of interest issues. That is likely to prove more beneficial for investors, according to experts.
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