The purpose of this consultation paper is to solicit public feedback on proposals aimed at establishing a favorable regulatory framework for Investment Advisers (IAs) and Research Analysts (RAs) registered with SEBI. The intention is to simplify, ease, and reduce registration requirements and compliance costs for IAs and RAs.
- The existing and proposed qualification, certification, experience and net worth requirements for IAs and RAs are summarised in the table given below:
- Allowing registration as both Investment Adviser and Research analyst:
There has been a demand from the IAs/RAs to allow them to provide both IA and RA services to their clients as the activities under these services are overlapping in nature. Considering this, it is proposed that individuals or partner-ship firms may be allowed to seek registration as both IA and RA provided that they shall comply with the rules/regulations/reporting requirements under each of these regulations separately.
More details here - Consultation Paper on Review of Regulatory Framework for Investment Advisers and Research Analysts
What are your thoughts on this?