Ch.4 · SEBI Mutual Fund Regulations · hard
Under SEBI's guidelines on 'execution only' transactions, which of the following applies?
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EXPLANATION
When a distributor executes a transaction purely on the investor's request without providing any advice (execution-only), the EUIN field is left blank and the investor must sign a declaration confirming that they are not relying on the distributor's advice. This protects the distributor from mis-selling liability.
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