Sebi fines JM Financial MF, ex-CEO, others for violations
The Securities and Exchange Board of India (Sebi) has imposed a total penalty of ₹2 crore on JM Financial Asset Management, its trustee company, its former chief executive Bhanu Katoch and four other individuals for violating mutual fund rules. The regulator had observed an unusual jump in in the net asset value (NAV) of a … Read more
