Regulatory Alerts2025-02-17
SEBI Circular on Most Important Terms and Conditions for Research Analysts
The Securities and Exchange Board of India issued a circular mandating that Research Analysts disclose standardized Most Important Terms and Conditions to clients under the SEBI (Research Analysts) Regulations, 2014. The document requires analysts to inform existing clients of these terms by June 30, 2025, and incorporate them into future service agreements while obtaining client consent. Key provisions include prohibitions on guaranteed returns, restrictions on cash payments, limits on fees for individual clients, and clear grievance redressal mechanisms.
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