SEBI UPDATE
Investor Protection Fund (IPF) of Depositories
SEBI has issued the following guidelines with regard to Investor Protection Fund (IPF) of the Depositories based on the recommendations of Depository System Review Committee (DSRC) and Expert Committee on Clearing Corporations:
- Utilization of the IPF
- Constitution and Management of the IPF
- Contribution to the IPF
- Investments of Fund