Sebi has formed a working group to review mutual fund distributor regulations and address overlaps with investment advisers. The regulator is also developing a common advertisement code and a digital platform, Sebi Setu, for investment advisers. A standardized penalty structure and simplified NISM module are also planned, amidst concerns over a decline in registered investment advisers.
Rupee falls 14 paise to 92.42 against US dollar in early trade
The Indian rupee depreciated by 14 paise to trade at 92.42 against the US dollar on Tuesday, pressured by rising crude oil prices and consistent