Sebi extends insider trading rules to MFs: A move toward greater transparency

Sebi extends insider trading rules to MFs: A move toward greater transparency

Source: Live Mint Starting 1 November, insiders in mutual fund companies, including asset management company (AMC) executives, trustees, and their immediate relatives, will be subject to the same stringent rules that govern trades in listed securities.  This is the first time mutual funds will be regulated under insider trading rules, ensuring that those with access…

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