Investment adviser registration exemptions: specified professionals and intermediaries giving incidental or offshore advice are exempt subject to conditions. Exemption from registration applies to defined categories who give investment advice incidental to their primary regulated activity or limited categories of advice, including general market commentary, insurance or pension product advice, mutual fund distributors, legal and professional advisers, registered intermediaries and fund managers; persons advising exclusively non India clients are exempt except where advice is to non resident Indians or persons of Indian origin. Exempt intermediaries remain subject to the general obligations in Chapter III and specified compliance requirements.
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.
Investment adviser registration exemptions: specified professionals and intermediaries giving incidental or offshore advice are exempt subject to conditions.
Exemption from registration applies to defined categories who give investment advice incidental to their primary regulated activity or limited categories of advice, including general market commentary, insurance or pension product advice, mutual fund distributors, legal and professional advisers, registered intermediaries and fund managers; persons advising exclusively non India clients are exempt except where advice is to non resident Indians or persons of Indian origin. Exempt intermediaries remain subject to the general obligations in Chapter III and specified compliance requirements.
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