India’s SEBI weighs oversight of family offices as billionaires expand - Bloomberg
PositiveFinancial Markets
India's Securities and Exchange Board of India (SEBI) is considering increasing its oversight of family offices as the number of billionaires in the country continues to grow. This move is significant as it aims to enhance transparency and accountability in the management of wealth, which is crucial for maintaining investor confidence and ensuring fair market practices. With more billionaires expanding their investments, effective regulation could help safeguard the interests of both investors and the broader economy.
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