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    <title>Securities and Exchange Board of India (Research Analysts) (Second Amendment) Regulations, 2025</title>
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    <description>Amendments broaden Regulation 7 to include persons associated with research services, set alternative qualification pathways including graduate degree or CFA plus NISM or NISM accredited certification or a specified NISM postgraduate program, omit sub regulation (2), and require registered individuals, principal officers, employed research analysts, persons associated with research services and relevant partners to obtain a fresh NISM certification before expiry or within three years of registration to ensure continuity of certification compliance. Form A is revised to allow submissions to a Board recognized body, update contact and address disclosures, require details on persons associated with research services, omit certain clauses, and add a Declaration of Necessary Infrastructure.</description>
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