Comprehensive Guide for Registered Investment Advisors RIAs: Fees and Commissions for Non-SEBI Products Registered Investment Advisors (RIAs) play a crucial role in providing diversified financial products and services. Kamlesh Varshney of SEBI addresses how they can charge fees or receive commissions for products not regulated by the Securities and Exchange Board of India (SEBI). Key Points: Product Offerings: RIAs can introduce non-SEBI regulated products. Fee Structure: Flexibility in fee and commission structures. Non-SEBI Product Fees […]

Comprehensive Guide to RBI’s Liberalised Remittance Scheme (LRS) The Reserve Bank of India’s (RBI) Liberalised Remittance Scheme (LRS) permits resident Indians to remit funds abroad for diverse purposes. This guide delves into the numerous aspects of the scheme, providing you with a clear understanding of its applicability and limitations. Investment Opportunities Under LRS, resident Indians can invest in various international avenues: Listed Foreign Securities: Equity and debt, including mutual funds, exchange-traded funds (ETFs), and venture […]

SEBI Proposes New Rules for Financial Market Data Sharing: A Comprehensive Overview In an ever-evolving financial landscape, the Securities and Exchange Board of India (SEBI) has proposed new draft rules aimed at standardizing the policy for sharing financial market data with research institutions, analysts, and other stakeholders. These regulations are pivotal for ensuring seamless access to accurate and comprehensive market data, fostering innovation, and empowering stakeholders with the information they need. Background and Need for […]

Zerodha Makes Investment Advisory Certification Mandatory for Finfluencers Empowering Businesses to Navigate Financial Compliance Zerodha Broking Ltd has set a new standard for Authorized Persons (APs) by requiring them to clear the first level of the investment advisory certification, NISM Series X-A. This certification is aimed at candidates aspiring to become Registered Investment Advisors (RIAs). Key Certification Requirements NISM Series X-A: The first level of certification that APs must clear. NISM Series X-B: The second […]

SEBI’s Proposal for Stockbrokers to Trade in Government Securities The Securities and Exchange Board of India (SEBI) has announced a significant development aimed at enhancing retail participation in government securities (G-Secs) trading. Introduction to NDS-OM What is NDS-OM? NDS-OM: Screen-based electronic anonymous order matching system. Introduced by: The Reserve Bank of India (RBI) in 2005. Maintained by: The Clearing Corporation of India (CCIL). Purpose: Designed exclusively for secondary market trading in G-Secs. SEBI’s Proposal for […]