Even though trustees have no role in the day to day functioning of VC and alternative investment funds (AIFs), the regulator seems to be taking a stance where trustee companies should play a more active part in stepping in to prevent oversight, violations, and slip-ups by fund managers.
Sebi proposes tighter curbs on promotional claims by online bond platforms
Sebi is tightening the reins on advertising practices for online bond platforms, aiming to protect investors from hasty decisions. New rules mandate that promotional content