Regulatory Alerts2025-11-25
Securities and Exchange Board of India (Research Analysts) (Second Amendment) Regulations, 2025
The Securities and Exchange Board of India (SEBI) issued the Securities and Exchange Board of India (Research Analysts) (Second Amendment) Regulations, 2025, to further amend the 2014 Regulations governing research analysts. These regulations expand eligibility criteria to include persons associated with research services, mandate specific NISM certifications for compliance, and update Form A to require details on infrastructure and associated personnel. The amendments aim to ensure continuity in regulatory compliance and enhance the administrative supervision of research analysts.
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