SEBI decides 31 July deadline for SRO applications

India Infoline News Service | Mumbai |

SEBI has set a cut off time 31 July for accepting SRO applications from interested entities

Capital market regulator SEBI (Securities and Exchange Board of India) on Thursday said that the last date for making application for SRO (self regulatory organisation) is 31 July 2013.

SEBI, which had invited applications in March from interested parties in setting up SROs for the distribution of mutual fund products, said in a statement that the "last date for making application for SRO is July 31, 2013."

The move follows notification of norms by SEBI in January to set up an SRO for regulation of distributors of mutual fund and portfolio management products.
 

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