Archive · 8 Aug 2025
SEBI Proposes Relaxing Rules for Investment Advisors, Analysts
SEBI is making it easier for people to become financial advisors and analysts.
They're letting people with different college degrees apply, as long as they pass a test.
Advisors can share how well they've done in the past, but only if clients ask.
They can also charge a fee to give a second opinion on investments.
Plus, SEBI is reducing the amount of paperwork needed to become an advisor.
SEBI proposes changes for Investment Advisors (IAs) and Research Analysts (RAs), including relaxed educational qualification criteria.
Graduates from any discipline will be eligible to apply, but must pass NISM certification exams.
IAs and RAs can share past performance data with clients who specifically request it, with disclaimers.
Investment advisors can provide second opinions on pre-distributed assets for a fee.
SEBI is simplifying the IA registration process, reducing required documentation.
- Who
- The Securities and Exchange Board of India (SEBI).
- What
- SEBI proposed relaxing educational qualifications and streamlining the registration process for investment advisors and research analysts.
- When
- The proposal was announced on Thursday.
- Where
- In the financial market.
- Why
- To ease regulations and simplify the registration process for IAs and RAs.
- Affected Professionals
- Investment Advisors (IAs) and Research Analysts (RAs)
- Proposed Changes
- Relaxed educational qualifications, sharing of past performance data, second opinions on pre-distributed assets, and simplified registration
- Eligible Graduates
- Graduates from any discipline, including engineering and law
- Past Performance Data
- Can be shared with clients upon request, with disclaimers
- Second Opinion Fee
- Capped at 2.5% of the asset value per annum
