Registration requirement for investment advisers prohibits acting or using adviser nomenclature without a SEBI certificate; prior applications treated as valid. A certificate of registration is required to act as or hold out as an investment adviser; applications must be made in Form A with the prescribed non refundable fee. Prior applications substantially in Form A are to be treated as applications under the regulations. Persons distributing securities may not use nomenclature such as Independent Financial Adviser, IFA or Wealth Adviser unless registered as investment advisers.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Registration requirement for investment advisers prohibits acting or using adviser nomenclature without a SEBI certificate; prior applications treated as valid.
A certificate of registration is required to act as or hold out as an investment adviser; applications must be made in Form A with the prescribed non refundable fee. Prior applications substantially in Form A are to be treated as applications under the regulations. Persons distributing securities may not use nomenclature such as Independent Financial Adviser, IFA or Wealth Adviser unless registered as investment advisers.
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