Moneycontrol PRO

business

SEBI raises questions on MF distributors' qualification

Mutual fund distributors are in for fight for their livelihoods. A SEBI concept paper on the regulation of investment advisors suggests that distributors be qualified personnel and this puts pressure on traditional distributors who are mostly unqualified, reports CNBC-TV18 Mitra Joshi and Payaswani Upadhyay.

first published: Oct 18, 2011 10:36 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347