This is Kamal Singhi are you aware

[mari muthu]

Dear sirs,

It is heartening to note that IFA Galaxy is doing so much to uplift
the knowledge standard of IFA community. Entry load ban by SEBI has
already caused many IFAs to leave business and the recent regulatory
developments in the form of concept paper for regulation of investment
advisor may pose great threats to many IFA's.

Since the impact of such regulations are significant on IFA's career
hence the arguments in response to SEBI's paper should be very healthy
and logical and mainly on the aspect of whether SEBIs proposed
mechanism would achieve SEBI's stated objective or not. If voice is
raised with sound logic then it should be heard, is my belief.

I have sent my views to SEBI which are very logical and also contains
an alternative proposal. I send it to you also. I request you to
please go through it carefully. If liked, I would request you to
please forward it to all our members for their knowledge to expand
their thinking and make more such logical response so that SEBI is
forced to hear our voice.

Regards
Kamal Singhi, CFP, CPFA and author
RISING STAR FINANCIAL PLANNERS
kOLKATA
Ph 9674520461