<h1>Government Forms Inter-Ministerial Group to Boost Regulation of MLMs, NBFCs, and Collective Investment Schemes.</h1> A High-Level Inter-Ministerial Group has been established by the government to enhance the enforcement of regulations for Multi-Level Marketing Companies, Non-Banking Finance Companies, and companies operating Collective Investment Schemes. Chaired by the Additional Secretary of the Department of Financial Services, the group includes Joint Secretary level officers from various financial departments, the Reserve Bank of India, and the Securities and Exchange Board of India. This initiative aims to improve coordination in the regulation and supervision of the financial sector. The group's first meeting is set for May 16, 2013.