Swing pricing framework extension allows delayed implementation under regulator's investor-protection mandate for mutual funds sector. The regulator has extended the implementation timeline for the swing pricing framework for mutual fund schemes, deferring the effective compliance date to May 1, 2022. The extension, granted in response to industry requests, maintains that asset management companies and trustees must adopt the swing pricing mechanism as earlier prescribed while the circular relies on the regulator's statutory powers to protect investor interests and regulate the securities market.
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Swing pricing framework extension allows delayed implementation under regulator's investor-protection mandate for mutual funds sector.
The regulator has extended the implementation timeline for the swing pricing framework for mutual fund schemes, deferring the effective compliance date to May 1, 2022. The extension, granted in response to industry requests, maintains that asset management companies and trustees must adopt the swing pricing mechanism as earlier prescribed while the circular relies on the regulator's statutory powers to protect investor interests and regulate the securities market.
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