SEBI Issues Guidelines for Research Analysts and Entities

SEBI, the financial rule-maker, has updated rules for people who give advice about stocks.

If you work in research, you now have a year to get a special certificate.

Big investors don't need to sign extra papers.

SEBI also explained what's considered a research report; it's not just talking about the market in general.

Journalists are usually okay, but if they tell people which stocks to buy, they must follow the rules.

People giving stock advice also have rules about when they can buy or sell those stocks themselves, to make sure everything is fair.