Tue, Oct 18 2016. 04 36 PM
Sebi was not created to protect the interests of brokers, distributors or agents. According to its charter, Sebi was set up “to protect the interests of investors in securities”. And all its recent recommendations are clearly in the investors’ interest
Mon, Oct 17 2016. 04 34 PM
The Government of India and the regulators have been very supportive of Digital India, Startup India and paperless technology. However, there are still some impediments to the paperless distribution of financial products
Wed, Oct 12 2016. 04 21 PM
We did a web search with some key words like ‘adviser’, ‘planner’, and so on across Mumbai, Bengaluru and Delhi, selected the names that came up on the first two to three pages, checked out their websites, called them to check their offerings and whether or not they were licensed. Most did financial planning, without obtaining the Sebi registered adviser licence.