Code of Conduct for Investor Associations (IAs)

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....ociations, it has been decided that they shall abide by the enclosed code of conduct. It has also been decided that every SEBI recognised Investor Association shall submit a letter of compliance with this code of conduct every year in the first week of April for the preceding financial year and also along with the application for renewal of recognition. 2.   A copy the circular is mad....

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.... Association shall disclose its objectives and limitations if any, to all its members. 3.   The Association shall observe the highest standard of honesty, integrity and fairness in conducting its affairs and discharging its duties to the investors and regulatory authorities. 4.   The Association shall be manned by people with appropriate level of knowledge, competency, sk....

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....record keeping is backed by operation manuals. 10.   The Association shall not make any untrue statement or suppress any material fact in documents, reports or information furnished to the Board. 11.   The Association shall ensure that only members of the executive committee/ governing board represent the IA for meetings / any representation to the Board. 12. &nbs....