SEBI Mandates Non-Individual Research Analysts to Ensure Client-Level Segregation for Research & Distribution Services
- Blog|News|Company Law|
- < 1 minute
- By Taxmann
- |
- Last Updated on 18 December, 2024
Latest from Taxmann
Notification No. SEBI/LAD-NRO/GN/2024/220; Dated: 16.12.2024
SEBI has notified SEBI (Research Analysts) (Third Amendment) Regulations, 2024. A new regulation 26C relating to ‘Client level segregation of research services and distribution activities’ has been inserted. It states that an individual research analyst must not provide distribution services. Further, a non-individual research analyst or research entity must have client-level segregation at the group level for research services and distribution services.
Click Here To Read The Full Notification
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
Sign Up
To subscribe to our weekly newsletter please log in/register on Taxmann.com
CA | CS | CMA
