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Franklin Templeton, Insider Trades And A Missing Link In Mutual Fund Regulation
It is the responsibility of mutual funds to ensure that like Caesar’s wife they are above suspicion, says Nilesh Shah.
04 Mar 2021, 10:49 PM IST
Of the many allegations facing Franklin Templeton Mutual Fund, ranging from high risk strategies to mismanagement, the most egregious is the contention that its officials may have indulged in insider trading.These are yet only claims made in news reports based on information in an unpublished forensic audit. The audit report was commissioned by SEBI late last year, months after Franklin Templeton announced that it would be winding do...
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