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<h1>Portfolio Managers Must Uphold Integrity, Avoid Conflicts, and Ensure Fairness Under SEBI Regulations, 1993</h1> The Code of Conduct for Portfolio Managers under the Securities and Exchange Board of India (Portfolio Managers) Regulations, 1993, mandates high standards of integrity, fairness, and service in dealings with clients and other portfolio managers. Portfolio managers must promptly invest client funds, avoid conflicts of interest, and ensure fair treatment. They are prohibited from making exaggerated claims, disclosing confidential client information, or engaging in unfair competition. They must provide accurate information, adhere to professional standards, and avoid market manipulation. Portfolio managers must comply with relevant laws, including insider trading regulations, and disclose any personal securities positions when giving investment advice.