Asset Management Cos. can become ‘self-clearing member’ for clearing and settling trades in debt segment: SEBI

The SEBI has notified the Securities and Exchange Board of India (Mutual Funds) (Second Amendment) Regulations, 2020 wherein 3rd proviso Regulation 24 has substituted which states that an AMC may also become a self-clearing member of the recognized clearing corporations to clear and settle trades in the debt segment on behalf of its mutual fund schemesThe SEBI has notified the Securities and Exchange Board of India (Mutual Funds) (Second Amendment) Regulations, 2020 wherein 3rd proviso Regulation 24 has substituted which states that an AMC may also become a self-clearing member of the recognized clearing corporations to clear and settle trades in the debt segment on behalf of its mutual fund schemestaxmann.com Latest Statutory HappeningsRead More

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