SEBI BOARD SET UP IPF
The Securities and Exchange Board of
India (SEBI) has decided to set up an
Investor Protection Fund (IPF).The IPF
will be started with an initial contribution
of Rs. 10 crore by SEBI. SEBI plans
starting a nation-wide investors’ education
campaign. The Board decided not to
wait for an amendment to the Securities
Contracts Regulation Act (SCRA)
for the IPF.
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