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SEBI Amends 2024 Investment Adviser Regulations to Boost Professionalism and Transparency with New Registration Rules.

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Full Text of the Document

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....Securities and Exchange Board of India (Investment Advisers) (Amendment) Regulations, 2024 - The amendments introduced by SEBI signify a proactive approach towards strengthening the regulatory oversight of investment advisers. By requiring advisers to be enlisted with recognized bodies or body corporates, SEBI aims to enhance professionalism, integrity, and transparency in the provision of investment advice. Furthermore, the recognition of a designated body or body corporate for supervision underscores SEBI's commitment to promoting investor protection and market integrity.....