Market Irregularities: Franklin Templeton repeatedly fined by Global Regulators
Friends, ever since Franklin Templeton Mutual Fund abruptly closed down 6 debt schemes six months ago collectively pushing over 3 lakh of Unit Holders like us into this Rs 28,000 crore black hole, I have been spending sleepless nights over the internet trying to find out more about these guys. And to my utter shock and dismay, I have found that Franklin Templeton Group is a habitual and repetitive financial offender that has been reprimanded and penalised by leading regulators across the world!
The United States Security Exchange Commission (US-SEC) Report, 2019 shows that Franklin Templeton has repeated instances of regulatory violations to its discredit! Sample these: