Ch.4 · SEBI Mutual Fund Regulations · hard

What is the purpose of the 'Self-Regulatory Organisation' (SRO) framework that SEBI has considered for mutual fund distributors?

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EXPLANATION

The SRO framework proposed by SEBI aims to allow the mutual fund distribution industry to self-regulate under SEBI's oversight. AMFI already performs some SRO-like functions such as ARN registration and code of conduct enforcement.

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