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SEBI bars senior employees of AMCs from trading in Mutual Funds

SEBI bars senior employees of AMCs from trading in Mutual Funds

Oct 30, 2021, at 05:59 am

Mumbai/IBNS: Senior employees and directors of asset management companies (AMCs) and their trustees have been prohibited by the Securities Exchange Board of India (SEBI) from buying or selling mutual fund units when they are in the position to gain access to any non-public information, such as winding up of schemes, media reports said.