Madhabi Puri Buch, the chairman of the Sebi, is adamant about establishing an ethical council to oversee wrongdoing in the MF industry

Madhabi Puri Buch, the chairman of the Sebi, is adamant about establishing an ethical council to oversee wrongdoing in the MF industry.

Buch stated during the launch of the Association of Mutual Funds in India’s new office in Mumbai’s Bandra-Kurla complex.

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The industry has to develop an ethics council because the largest danger to growth is individual misbehaviour.

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Buch stated that the new AMFI ethics committee will be able to take self-regulatory action against persons.

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