Collective Investment Schemes News

Pulling the plug on an illicit real estate investment scheme, markets regultor Sebi has ordered Arise Bhoomi Developers and its directors to refund investors' money in three months.

Capital markets regulator SEBI Friday prohibited RBN Infrastructure from raising fresh capital from the public with immediate effect.

Amid rising instances of fraudulent money pooling activities duping investors, a high-level Parliamentary panel has sought views from the public on the efficacy of regulations governing collective investment schemes.