Sebi standardizes disclaimer ad for MFs

Sebi standardizes disclaimer ad for MFs
Comment E-mail Print Share
First Published: Fri, Feb 05 2010. 12 03 AM IST
Updated: Fri, Feb 05 2010. 12 03 AM IST
Mumbai: The Securities and Exchange Board of India (Sebi) on Thursday standardized the warning statement for audio-visual advertisement for mutual funds. The regulator had earlier said that all such disclaimers must be played for at least five seconds after the airing of such an advertisement to explain risks associated with equity investments.
Citing non-adherence by several fund houses, Sebi said that beginning May, the standard warning shall be displayed as, “Mutual fund investments are subject to market risks. Read all scheme-related documents carefully”, along with voice-over reiteration.
Comment E-mail Print Share
First Published: Fri, Feb 05 2010. 12 03 AM IST
More Topics: MF | Mutual Fund | Sebi | Money Matters | Mutual Funds |