SEBI Discontinues Usage Of Pool Accounts For Mutual Fund Transactions
Securities and Exchange Board of India (SEBI) on Monday decided to ban the usage of pool accounts for mutual fund transactions. Market regulator SEBI, in its notification, stated that pooling of funds by stock brokers, MF distributors and investment advisers will be discontinued from April 1 next year.
New Delhi Association Of Mutual Funds Gold Exchange Mutual Fund Transactions Exchange Board Of India Exchange Board
Source: ndtv.com