Sebi mulls new ethics code for brokers, frequent inspections

.....the Sebi also plans to strengthen the concept of beneficial ownership in KYC process in coordination with other financial regulators like RBI and IRDA. Sebi has simplified and strengthened the KYC process, making it uniform for all intermediaries and has also implemented the concept of single KYC so that the investors need not undergo the same process again and again when they approach other intermediaries......

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