SEBI News: Steps have been taken from time to time by SEBI for the interests of investors. Now another important decision has been taken by SEBI.
This should alert people regarding investment. Actually, people investing in the stock market are in great need of a demat account. People keep buying and selling shares through Demat account only. Now an important update has come out regarding this.
SEBI account
While giving information about demat account, SEBI has now said that people should keep their investments in demat form. Market regulator SEBI said on Saturday that after September 2024, all new investments made through alternative investment funds should be kept in demat form. This decision was taken to simplify compliance and strengthen investor protection in AIFs.
Amendment in AIF rules approved
Along with this, amendment in AIF rules has been approved by SEBI. While approving the amendment in AIF rules, SEBI said that some exceptions have been given in it. Additionally, SEBI said the power to appoint custodians should be extended to all AIFs. This will also provide a lot of convenience to the people.
Will be applicable on these schemes
However, currently information has also been given on which schemes it will be applicable on. Currently, this requirement applies to Category-3 AIFs and Category-1 and Category-2 AIF schemes with corpus of more than Rs 500 crore. The regulator gave this information in a statement after the board meeting. With this, people should now become alert about their investments and should keep in mind in what form their investments exist.
