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of <h1>Amendment to Section 15F of SEBI Act 1992: Focus Shift to Ongoing Failures in Clause 180 of Finance Bill 2018.</h1> Clause 180 of the Finance Bill, 2018 proposes an amendment to section 15F of the Securities and Exchange Board of India Act, 1992. The amendment involves replacing the phrase 'he sponsors or carries on any such collective investment scheme including mutual funds' with 'such failure continues' in clause (b). This change aims to remove references not pertinent to a stock-broker, streamlining the language and focusing on ongoing failures rather than specific investment activities.
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