Investors will now be able to hold MF distributors accountable for the quality of their advice
The Securities and Exchange Board of India’s (SEBI) decision to scrap entry load on mutual fund products is a much-needed, solidly pro-investor move. But it has triggered off such a wave of turmoil among distributors that, at the time of going to press, they were planning litigation and...
At least, the Securities & Exchange Board of India has proved what was well known all this while – that Ketan Parekh is active
On 5th June, the Securities and Exchange Board of India (SEBI) banned 26 entities ‘connected’ with Ketan Parekh who had traded in five scrips (Cals Refineries, Confidence Petroleum India, Bang Overseas, Shree Precoated Steels and Temptation Foods). In doing so, the...
TV anchors/owners, investment bankers, fund managers and brokers - everybody is pining for a repeat of 06-07
On Tuesday, 27th May, even as finance minister Pranab Mukherjee was being interviewed by CNBC, the Sensex had lost a couple of hundred points – it ended the day almost 300 points below its previous close. No, Pranabda’ said nothing that caused the Sensex to drop. In fact, he was...
