Sebi eases rules on use of depository investor protection fund income
Sebi has allowed depositories to use a small portion of annual income from the Investor Protection Fund for administrative and statutory expenses while requiring most earnings to remain in the corpus. The revised framework introduces safeguards and takes effect from September.
The Bharath News1 min readSource: ET Markets
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Sebi has allowed depositories to use a small portion of annual income from the Investor Protection Fund for administrative and statutory expenses while requiring most earnings to remain in the corpus. The revised framework introduces safeguards and takes effect from September.
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