The Securities and Exchange Board of India plans to soon come out with specific regulations for financial advisors, a top official has said. “We have received detailed responses from various stakeholders. It is difficult to give exact timeline when the regulations will be issued. It will come out shortly… we have to build consensus,” Mr Prashant Saran, Whole-Time Member, SEBI, told reporters on the sidelines of Assocham’s mutual fund summit here on Tuesday.
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