03 Apr 2017
The mutual fund industry is growing. A lot of money is at stake now. This is the reason regulation is getting stricter. To grow, you must align with the regulations. Yes, some of the decisions taken by regulators will impact your business negatively. Still, you must respect it and move ahead. You must remember, the growth of the industry is largely dependent on strict compliance and regulations. Without that, you will not have the comfort to put your client's money in mutual funds. Respect regulation. Adjust to it.