Exemption from registration

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.... who gives general comments in good faith in regard to trends in the financial or securities market or the economic situation where such comments do not specify any particular securities or investment product; (b) Any insurance agent or insurance broker who offers investment advice solely in insurance products and is registered with Insurance Regulatory and Development Authority for such ....

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....ndia or any other professional body as may be specified by the Board, who provides investment advice to their clients, incidental to his professional service; (g) Any stock broker ^2[****] registered under SEBI (Stock Broker ^2A[****]) Regulations, 1992, portfolio manager registered under SEBI (Portfolio Managers) Regulations, 1993 or merchant banker registered under SEBI (Merchant B....

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....oviding investment advice to Non-Resident Indian or Person of Indian Origin shall fall within the purview of these regulations; (j) Any ^1[principal officer, persons associated with advice] and partner of an investment adviser which is registered under these regulations: Provided that such ^1[principal officer, persons associated with advice] and partner shall comply with regulat....