Ch.3 · Sponsor, Trustee and AMC Roles · medium
What enforcement actions can SEBI take against a non-compliant AMC?
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EXPLANATION
SEBI has a wide range of enforcement powers: issuing show-cause notices, warnings, and directions; imposing monetary penalties (up to ₹25 crore or 3 times the profit per violation); suspending AMC operations; canceling AMC registration; and debarring individuals from securities markets. These powers are exercised through adjudicating officers and SEBI's enforcement department.
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