https://www.taxtmi.com/circulars?id=64626 Trade execution and allocation obligations require use of an automated Order Management System for equity and equity-related orders, with scheme-wise placement by fund managers or authorised employees, and maintenance of a scheme-wise audit trail and time-stamping from fund manager instruction through dealer placement, execution and allocation; discretion-free transactions may be excluded from OMS if documented and equivalent audit trails and compliance with allocation limits are maintained, and fund managers retain responsibility for order placement. en-us Thu, 31 Dec 2020 00:00:00 +0530 Thu, 31 Dec 2020 19:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64626 Trade execution and allocation obligations require use of an automated Order Management System for equity and equity-related orders, with scheme-wise placement by fund managers or authorised employees, and maintenance of a scheme-wise audit trail and time-stamping from fund manager instruction through dealer placement, execution and allocation; discretion-free transactions may be excluded from OMS if documented and equivalent audit trails and compliance with allocation limits are maintained, and fund managers retain responsibility for order placement. Circulars SEBI Thu, 31 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64626