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SEBI is proposing changes to the framework for technical glitches in stockbrokers' online trading systems, excluding issues outside trading hours or beyond their control. The new rules will apply to brokers with over 10,000 clients, exempting 457 smaller firms. Financial penalties will be waived for glitches with minor operational impacts, and exchanges will disclose glitch information.
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Retail investors are increasingly investing in fund of funds (FoFs) due to tax benefits, diversification, and easy access to multiple fund managers. Inflows have surged this financial year, driven by post-budget tax rule changes. FoFs offer flexibility in asset allocation and fund manager selection, though they come with an additional layer of expense.
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News and Media
A consumer group says making a claim can be more distressing than the original incident itself.
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News and Media
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