SEBI Modifies Guidelines for contribution to IPF and Investor Services Fund
SEBI’s circular dated 30 Maymodifies guidelines for Investor Protection Fund (IPF) and Investor Services Fund (ISF). It establishes separate trusts for IPF and ISF, specifies contributions from stock exchanges and depositories, outlines fund utilization and deployment, and mandates disclosures. The changes aim to enhance investor protection and improve fund management in India’s securities market.