EXISTING SCHEMES OR ARRANGEMENTS DEEMED TO BE A COLLECTIVE INVESTMENT SCHEME - Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999
EXISTING SCHEMES OR ARRANGEMENTS DEEMED TO BE A COLLECTIVE INVESTMENT SCHEME - Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999
Intermediary registration suspension: failure to exercise due diligence permits regulatory action, subject to applicable procedural safeguards. The Board may initiate action to suspend or cancel the certificate of registration of any intermediary under section 12 for failure to exercise due ... Summary
Intermediary registration suspension: failure to exercise due diligence permits regulatory action, subject to applicable procedural safeguards.
The Board may initiate action to suspend or cancel the certificate of registration of any intermediary under section 12 for failure to exercise due diligence or comply with regulatory obligations; however, suspension or cancellation may not occur unless the procedure specified in the regulations applicable to that intermediary is complied with.
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