Securities and Exchange Board of India

07.06.2016

Capital Market

SEBI guidelines on utilisation of Investor Protection Fund

MANU/SDEP/0001/2016

SEBI issued guidelines on utilisation and investment aspects of the Investor Protection Fund.

It notified use of the Fund for investor education and awareness, and to ‘foster research activities for promotion/development of the securities market’.

Also prescribed is the constitution of the IPF Trust to utilise Fund monies in the prescribed manner.

Investment of the Fund will be carried out with the objective of capital protection, with emphasis on safety over market risk. Central Government securities and fixed deposits with scheduled banks have been encouraged.

Relevant

Mandatory transfer of securities from CM pool account to beneficiary account MANU/SSMD/0022/2001

Tags : investor protection fund depositories trust investment

Share :