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Sebi chief Madhabi Puri Buch asks fund houses to self-regulate
If Sebi finds individual misdemeanour has gone unpunished by fund houses, the regulator will have "no choice but to come down as a hammer", and that may impact the entire industry, she said. "The biggest risk to mutual fund industry's growth is individual misdemeanour," Buch said.
If Sebi finds individual misdemeanour has gone unpunished by fund houses, the regulator will have "no choice but to come down as a hammer", and that may impact the entire industry, she said. "The biggest risk to mutual fund industry's growth is individual misdemeanour," Buch said. 
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