Mutual fund industry in a bind over Sebi's new rules for executing trades

The regulations, which were notified in late October and lay down a code of conduct, have raised privacy concerns and may lead to longer working hours for fund managers

Ashley Coutinho | Mumbai
Last Updated at December 23, 2020 00:51 IST

Currently, all dealers’ conversations during market hours are recorded as they operate from dealing rooms without mobile phones

The Securities and Exchange Board of India’s (Sebi’s) diktat prescribing standards for executing trades may open a Pandora’s box for the mutual fund industry.

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