Sebi Introduces New Mechanism to Enforce Minimum Investment Threshold in Specialized Investment Funds, ETLegalWorld
Markets regulator Sebi on Tuesday came out with a mechanism for monitoring compliance with minimum investment threshold under Specialized Investment Funds (SIF). In case of any active breach of the threshold of Rs 10 lakh by an investor, including through transactions on stock exchanges or off-market transfers, Sebi said that all units of such investors…