https://www.taxtmi.com/highlights?id=77724 SEBI issued a circular on May 2, 2024, establishing a framework for the administration and supervision of Research Analysts (RAs) and Investment Advisers (IAs). Recognized Stock Exchanges will act as RAASB and IAASB u/s 14 of the RA Regulations (2014) and IA Regulations (2013). Applicants for RA/IA registration must enlist with RAASB/IAASB. The existing IAASB framework is rescinded, but actions under it remain valid u/s 30A of IA Regulations. The framework becomes effective on July 25, 2024. SEBI retains core functions like registration and enforcement, while RAASB/IAASB handles administrative tasks. The circular is issued u/s 11(1) of the SEBI Act, 1992. en-us Wed, 22 May 2024 21:15:37 +0530 Wed, 22 May 2024 21:15:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=77724 SEBI issued a circular on May 2, 2024, establishing a framework for the administration and supervision of Research Analysts (RAs) and Investment Advisers (IAs). Recognized Stock Exchanges will act as RAASB and IAASB u/s 14 of the RA Regulations (2014) and IA Regulations (2013). Applicants for RA/IA registration must enlist with RAASB/IAASB. The existing IAASB framework is rescinded, but actions under it remain valid u/s 30A of IA Regulations. The framework becomes effective on July 25, 2024. SEBI retains core functions like registration and enforcement, while RAASB/IAASB handles administrative tasks. The circular is issued u/s 11(1) of the SEBI Act, 1992. Highlights SEBI Wed, 22 May 2024 21:15:37 +0530 https://www.taxtmi.com/highlights?id=77724