business sebi proposes allowing investment advisers analysts to use liquid mfs for deposit requirements

Sebi Proposes Allowing Investment Advisers, Analysts To Use Liquid Mfs For Deposit Requirements

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Markets watchdog Sebi on Friday proposed allowing investment advisers and research analysts to use liquid mutual fund units, with a lien marked in favour of the regulatory body, to meet their deposit requirements. This would be in addition to the option to maintain the deposit with the bank.