https://www.taxtmi.com/circulars?id=57975 Portfolio management services (PMS) remain prohibited in the commodity derivatives market pending SEBI review through the continuance of existing FMC directives; PMS is therefore not permissible. The circular takes effect from its stated date, supersedes earlier FMC directives on PMS, is issued under Section 11(1) of the SEBI Act for investor protection and market regulation, and requires commodity exchanges to notify members and publish the circular on their websites. en-us Tue, 27 Sep 2016 00:00:00 +0530 Tue, 04 Dec 2018 13:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57975 Portfolio management services (PMS) remain prohibited in the commodity derivatives market pending SEBI review through the continuance of existing FMC directives; PMS is therefore not permissible. The circular takes effect from its stated date, supersedes earlier FMC directives on PMS, is issued under Section 11(1) of the SEBI Act for investor protection and market regulation, and requires commodity exchanges to notify members and publish the circular on their websites. Circulars SEBI Tue, 27 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57975