November 22, 2024 23:09 (IST)
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SEBI issues new regulation for Execution-only platforms for direct mutual funds

SEBI issues new regulation for Execution-only platforms for direct mutual funds

Mumbai: Execution-only platforms (EOPs) are now required to register with the regulators and are prohibited from offering regular plans of mutual fund schemes, according to the new regulatory framework introduced by the Securities & Exchange Board of India (SEBI).