https://www.taxtmi.com/circulars?id=58073 The circular mandates establishment of an Investor Protection Fund (IPF) by depositories for investor education, market research and support of participant initiatives; requires internal, board approved utilization guidelines to be submitted to the regulator; prescribes Trust administration with specified membership, segregation of IPF assets and immunity from depository liabilities; specifies contribution sources including a portion of depository profits, fines, investment income and transfers from related reserves; and requires low risk, board approved investments plus monthly reporting and timely implementation. en-us Tue, 07 Jun 2016 00:00:00 +0530 Thu, 06 Dec 2018 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58073 The circular mandates establishment of an Investor Protection Fund (IPF) by depositories for investor education, market research and support of participant initiatives; requires internal, board approved utilization guidelines to be submitted to the regulator; prescribes Trust administration with specified membership, segregation of IPF assets and immunity from depository liabilities; specifies contribution sources including a portion of depository profits, fines, investment income and transfers from related reserves; and requires low risk, board approved investments plus monthly reporting and timely implementation. Circulars SEBI Tue, 07 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58073