Verification of past risk and return metrics applies only to specified investment advisory, research, and algorithmic trading service providers. Regulation 16D limits Chapter IIIC on verification of past risk and return metrics to Investment Advisers, Research Analysts, recognised stock ... Summary
Verification of past risk and return metrics applies only to specified investment advisory, research, and algorithmic trading service providers.
Regulation 16D limits Chapter IIIC on verification of past risk and return metrics to Investment Advisers, Research Analysts, recognised stock exchange-empanelled algo providers, and intermediaries permitted to provide investment-advisory, research-analyst, or algorithmic-trading services. An algo provider is a person empanelled with a recognised stock exchange to provide algorithmic-trading facilities in the manner specified by that exchange.
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