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Over 500 CIS entities at work; just one registered

Last Updated: Sunday, May 12, 2013, 17:59

Since investors do not have day to day control over the management and operation of such schemes, Sebi follows a strict set of rules to regulate them and to grant registration for such businesses.

Sebi seeks preventive action against defaulter CIS entities

Last Updated: Wednesday, February 8, 2012, 14:08

Market regulator Sebi has decided to share with the Ministry of Corporate Affairs the names of over 500 companies, which have garnered money from investors in violation of its Collective Investment Scheme (CIS) rules.