NISM Certifications · NISM-Series-V-A: Mutual Fund Distributors · Legal and Regulatory Framework
Which body issues the Code of Conduct for mutual fund intermediaries and distributors, which distributors are required to follow, alongside SEBI regulations?
AMFI, the Association of Mutual Funds in India, prescribes the Code of Conduct for mutual fund intermediaries and distributors. Distributors must follow it together with SEBI regulations; RBI, IRDAI and NSE do not issue this code.
- AAMFICorrect
- BRBI
- CIRDAI
- DNSE
Explanation
AMFI, the industry body of AMCs, prescribes the Code of Conduct for intermediaries and distributors, which must be followed along with SEBI regulations. RBI, IRDAI and NSE do not issue this code.
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