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Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

Securities and Exchange Board of India (Research Analysts) (Amendment) Regulations, 2024

26-Apr-2024 | No. SEBI/LAD-NRO/GN/2024/170

SEBI has issued Securities and Exchange Board of India (Research Analysts) (Amendment) Regulations, 2024 further amend the Securities and Exchange Board of India (Research Analysts) Regulations, 2014. By virtue of the amendment following amendment has been issued:- 1. Regulation 6(xi) has been inserted. As per the provision, if applicant is enlisted with a body or body corporate recognised under regulation 14 then existing research analysts and research entities shall be deemed to be enlisted with such a body or body corporate from the date of recognition of such body or body corporate and those applicant whose application is received before the date of recognition of the body or body corporate and who is granted the certificate after the date of recognition of such body or body corporate shall also be deemed to be enlisted with such a body or body corporate. 2. Regulation 14 has been substituted. As per the revised provision, no person shall act as a research analyst unless such a person is enlisted with the recognized body or body corporate. 3. Under Schedule II, provision for fee structure has been changed. For detailed information, please refer to the attached document.

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