Day: October 29, 2021
Guidelines for Investment and/or Trading in Securities by Employees of AMC(s) and Trustees SEBI had specified the norms for investment/ trading in securities by employees of AMC(s) and Trustees of Mutual Funds. Subsequently, SEBI partially modified it. Now based on the representations SEBI has decided to review the …
Maintenance of current accounts in multiple banks by Stock Brokers Stock brokers may open appropriate no. of current accounts in multiple banks – SEBI SEBI vide circular no. SMD/SED/CIR/93/23321dated November 18, 1993 on “Regulation of Transactions between Clients and Brokers” mandated that all the stock brokers shall keep …
ICAI advises chartered accountants to file NFRA-2 for 2018-2019 and also for the year ending 31/03/2020 immediately to avoid penal consequences. As per Rule 5 of NFRA Rules 2018, the auditors of specified class of companies are required to file an annual return with NFRA in the prescribed …