The Securities and Exchange Board of India(SEBI) on August 06, 2024, issued a Consultation Paper on the Review of the Regulatory Framework for Investment Advisers and Research Analysts.
The following has been stated: -
•The objective of this consultation paper is to seek comments from public on proposals intended to put in place a conducive regulatory framework for Investment Advisers registered with SEBI (‘IAs’) and Research Analysts registered with SEBI (‘RAs’) by simplifying, easing and reducing the registration requirements and cost of compliance for IAs and RAs and bringing in regulatory changes commensurate with the continually evolving nature of their businesses, through amendments/ clarifications to the Securities and Exchange Board of India (Investment Advisers) Regulations, 2013 (‘IA Regulations’) and Securities and Exchange Board of India (Research Analysts) Regulations, 2014 (‘RA Regulations’).
•Comments are invited on the proposals mentioned in the consultation paper. The comments/ suggestions should be submitted by August 26, 2024.
The detailed consultation paper is given in the document below.
