The Securities and Exchange Board of India (SEBI) on April 26, 2024, notified the Securities and Exchange Board of India (Research Analysts) (Amendment) Regulations, 2024 further to amend the Securities and Exchange Board of India (Research Analysts) Regulations, 2014.
The following has been stated: -
•In regulation 6, after clause (x), the following clause shall be inserted, namely, – (xi) which specifies whether the applicant is enlisted with a body or body corporate recognised under regulation 14.
•Regulation 14 shall be replaced with the following regulation, namely, – “Recognition of body or body corporate for administration and supervision of research analysts.
•In the Second Schedule paragraphs no. 1, 2, and 3 have been amended.
They shall come into force on the ninetieth day from April 26, 2024.
The detailed notification is given in the document attached below.
[Notification No. SEBI/LAD-NRO/GN/2024/170.]
