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How to Become a SEBI Research Analyst ?

Author : Enterslice Legal | Published On : 08 Feb 2024

SEBI Research Analyst:

  • Definition: A SEBI-registered individual or entity engaged in the business of providing research or analysis on securities or commodities, commonly referred to as a SEBI Research Analyst.

  • Regulatory Framework: Governed by the Securities and Exchange Board of India (Research Analysts) Regulations, 2014.

 

Registration Process:

  • Submission of application to SEBI with required documents.

  • Compliance with eligibility criteria including qualifications, experience, and net worth requirements.

  • Payment of applicable fees.

Roles and Responsibilities:

  • Conducting research and analysis on securities.

  • Issuing reports or recommendations on investments.

  • Adhering to SEBI regulations regarding disclosures, conflicts of interest, and code of conduct.

Compliance Requirements:

  • Periodic submission of reports to SEBI.

  • Compliance with regulations related to disclosures, record-keeping, and client interactions.

Penalties for Non-Compliance:

  • Monetary fines.

  • Suspension or cancellation of registration.

  • Legal action for severe violations.

Credit Rating Agency SEBI Registration:

Credit Rating Agencies are entities authorized by SEBI to assess and rate the creditworthiness of debt instruments. This regulatory framework is governed by the Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999. These agencies are required to obtain Credit Rating Agency SEBI Registration to operate in the Indian market.

Registration Process:

  • Submission of application to SEBI with required documents.

  • Compliance with eligibility criteria including net worth, governance structure, and track record.

  • Payment of applicable fees.

Roles and Responsibilities:

  • Assessing credit risk and assigning credit ratings to debt instruments.

  • Providing independent opinions on creditworthiness to investors and issuers.

  • Ensuring transparency and integrity in the rating process.

Compliance Requirements:

  • Periodic reporting to SEBI.

  • Compliance with regulations related to rating methodologies, disclosures, and conflicts of interest.

Penalties for Non-Compliance:

  • Monetary penalties.

  • Suspension or cancellation of registration.

  • Reputational damage and loss of business opportunities.

Portfolio Manager Registration With SEBI:

Portfolio managers are entities authorized by the Securities and Exchange Board of India (SEBI) to manage portfolios of securities or assets on behalf of clients. This authorization is granted following the Portfolio Manager Registration With SEBI process. The regulatory framework governing portfolio managers is established by the SEBI (Portfolio Managers) Regulations, 1993.

Registration Process:

  • Submission of application to SEBI with required documents.

  • Compliance with eligibility criteria including net worth, track record, and infrastructure.

  • Payment of applicable fees.

Roles and Responsibilities:

  • Managing investments on behalf of clients as per their investment objectives.

  • Providing personalized investment advice and portfolio management services.

  • Ensuring compliance with regulatory norms and client agreements.

Compliance Requirements:

  • Periodic reporting to SEBI.

  • Compliance with regulations related to investment restrictions, disclosures, and client interactions.

Penalties for Non-Compliance:

  • Monetary fines.

  • Suspension or cancellation of registration.

  • Legal proceedings for severe violations.

Each of these points highlights key aspects of the respective topics regarding SEBI's regulations and requirements.