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AMFI asks fund houses to stop training programmes based on SIP targets for distributors

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SEBI had said that training programmes should not be misused for providing any reward or non-cash incentives to distributors. However, Moneycontrol learns that recently many fund houses have held such programmes, some in exotic locations, in violation of the regulations.

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​ SEBI had said that training programmes should not be misused for providing any reward or non-cash incentives to distributors. However, Moneycontrol learns that recently many fund houses have held such programmes, some in exotic locations, in violation of the regulations. SEBI had said that training programmes should not be misused for providing any reward or non-cash incentives to distributors. However, Moneycontrol learns that recently many fund houses have held such programmes, some in exotic locations, in violation of the regulations.  Moneycontrol Latest News Read More  

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