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Sep 30, 2014
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Sebi reviews norms dealing with investor protection fund
To help aggrieved investors, market regulator Sebi on Monday reviewed norms related to compensation from the investor protection fund (IPF) in case of defaults by brokers.In a circular, Sebi said that "in case any eligible claim arises within three years from the date of expiry of the specified period, such claim shall be considered eligible for compensation from IPF or CPF in case where the defaulter member's funds are inadequate".
Source -
http://zeenews.india.com
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