Sebi board approves changes to mutual fund expense allowance, stockbroker rules and simplified IPO documents

India’s market regulator Sebi on Wednesday approved a wide range of reforms for both mutual funds and stock brokers, aimed at simplifying rules, cutting costs for investors and easing compliance by market intermediaries. This marks one of the most comprehensive regulatory reviews in recent years.Sebi approved the replacement of the thirty-year-old regulations for stockbrokers with […]