Archive · 25 Jul 2025
SEBI Cancels Investment Adviser Registrations Over Fees
Imagine some financial helpers who give advice to people about investments.
They need to pay a fee every few years to keep their permission slips.
If they don't pay, the permission slips get canceled.
The main reason is to prevent these advisors from still giving investment advice with expired permission slips which might confuse people.
The financial watchdogs at SEBI did this to 13 of them recently, and they are still responsible for any past actions.
SEBI canceled the registration of 13 entities as investment advisers.
The cancellations occurred due to the entities' failure to pay renewal fees.
SEBI aims to prevent misuse of expired registration certificates.
The entities remain liable for their actions as investment advisers.
Renewal fees are required every five years to maintain registration.
- Who
- SEBI and 13 investment advisory entities.
- What
- SEBI canceled the registration of 13 entities as investment advisers.
- When
- On Friday, July 25th.
- Where
- India.
- Why
- Due to failure to pay renewal fees.
- Regulatory Body
- SEBI
- Action
- Registration Cancellation
- Number of Entities
- 13
- Reason
- Non-Payment of Renewal Fees
- Liability Status
- Entities remain liable for past actions.