The "Usha Thorat Committee" was established with 20 members. Highlights

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The "Usha Thorat Committee" was established with 20 members.
Highlights

Earlier this year, the Securities and Exchange Board of India (SEBI) restructured its committee that advises the country's capital market regulator on topics related to mutual fund development. The committee will provide recommendations to the regulator on the steps to alter the legislative framework to increase transparency and simplify mutual fund laws.

 

SEBI

The Securities and Exchange Board of India (SEBI) regulates the securities and commodity markets in India. It is a statutory organization established under the Securities and Exchange Board of India Act, 1992. The Securities and Exchange Board of India (SEBI) is to safeguard the interests of investors in securities, regulate the securities market, and encourage the growth of the security market.

 

The quasi-judicial, quasi-legislative, and executive functions of the SEBI are the three primary duties. It accomplishes its goals through the work of its committees. These committees include the Technical Advisory Committee, the Advisory Committee for the SEBI Investor Protection and Education Fund, the Corporate Bonds and Securities Advisory Committee, the Mutual Fund Advisory Committee, the Primary Market Advisory Committee, the Takeover Regulations Advisory Committee, and others.

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