The market regulator tightened rules for independent advisers and research analysts by imposing deposit requirements and restrictions on the scope of advice to enhance transparency and protect investors. The key amendments include: Deposit requirements Sebi introduced a tiered deposit structure for IAs and RAs based on the maximum number of clients served on any given day during the previous financial …
Six months ago, Abhishek Kumar received a complaint against his company on SCORES, the online grievance redressal facilitation platform provided by the Securities and Exchange Board of India. In 2024, Sebi issued 27 notices against unregistered investment advisors, fined them, and banned many of them from operating in the stock market. However, many, like Pandey, who want to complain against …
MUMBAI : For nearly a week in July, a curious scene played out near the residence of a senior executive of a mutual fund distributor in Mumbai. Selling mutual funds On 6 July, Paytm Money said it’s giving up its RIA license and will work only as a mutual fund distributor to comply with new Sebi norms. “Though platforms provided …
