Sebi Proposes Revamp of Portfolio Manager Rules, Widens Options: Rediff Moneynews
Sebi proposes significant changes to portfolio manager rules, allowing investments in overseas securities, unlisted debt, and ”to-be-listed” assets. Aims to broaden options for investors. New Delhi, Jul 23 (PTI) Markets regulator Sebi on Thursday proposed expanding the investment avenues available to portfolio managers by allowing them to invest in “to-be-listed” securities and overseas listed equity…