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of BSE Limited granted recognition as Research Analyst Administration and Supervisory Body (RAASB) and Investment Adviser Administration and Supervisory Body (IAASB) under RA Regulations and IA Regulations for 5 years from July 25, 2024. BSE to formulate bye-laws, SOPs, FAQs for smooth adoption. Applicants seeking RA/IA registration/renewal liable to pay administrative fees to RAASB/IAASB. Revised RA registration fees effective July 25, 2024. Total fees payable to SEBI and RAASB/IAASB fee neutral. Circular issued under SEBI Act to protect investors, promote securities market.
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