Investment advisers are not allowed to charge ‘implementation fee’ for their clients: SEBI clarifies

The SEBI has issued clarification though informal guidance sought by Vansh Capital Private Limited with respect to ‘implementation fee’ for advisory clients whereby it has clarified that Investment advisers are allowed to provide the implementation services to its clients, but It cannot receive any direct or indirect consideration for such services at any point of time including advisory service period.The SEBI has issued clarification though informal guidance sought by Vansh Capital Private Limited with respect to ‘implementation fee’ for advisory clients whereby it has clarified that Investment advisers are allowed to provide the implementation services to its clients, but It cannot receive any direct or indirect consideration for such services at any point of time including advisory service period.taxmann.com Latest Statutory HappeningsRead More

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