The FinTech Hub
Source: Live Mint This framework introduces a mechanism to verify the past performance claims made by investment advisors (IAs), research analysts (RAs), and algo providers (collectively, Regulated Persons). Under the new framework, a registered credit rating agency will be designated as PaRRVA, an independent body responsible for verifying the risk-return metrics of investment advice, strategies,…
Source: Live Mint To address the issue, the Securities and Exchange Board of India (Sebi) issued an advertisement code in 2023 that barred regulated players from exhibiting their performance. While the move curbed misleading promotions, it impacted those who had built a credible track record for many years. Sebi, on 4 April, issued a circular…
Source: Live Mint Investment advisors (IAs) and research analysts (RAs) can charge their fees in advance for one year instead of three months earlier, the Securities and Exchange Board of India (Sebi) said in a circular. Sebi has received a number of representations regarding the restrictions on advance fees. According to stakeholders, the three-month limitation…
Source: Live Mint “Any regulator in any sector needs to balance these two sides,” the Sebi chief said at the Mint India Investment Summit and Awards 2025 in Mumbai on Saturday. “F&O itself is a complex market. We cannot have a sledgehammer or a blunt approach; we need a surgeon’s knife. We need to know…
Source: Live Mint The Securities and Exchange Board of India (Sebi) on Wednesday floated a consultation paper, proposing changes to the rules regarding advance fees charged by investment advisers (IAs) and research analysts (RAs). The market regulator’s proposal seeks to reassess the period for which these professionals can collect advance fees from their clients, with…
Source: Live Mint 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 new guidelines—following the amendment notified on 16 December—aim to reinforce compliance and ensure better segregation of services between independent advisers (IAs) and research…
Source: Live Mint 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 (Sebi). Strangely, the complaint was against Abhishek Chouhan. Kumar, a registered investment advisor, wrote to Sebi through the SCORES platform that “this complaint is…
