SEBI proposed easing requirements for investment advisers (IAs) and research analysts (RAs) to address the rise of unregulated financial influencers. The new rules include reducing qualification requirements from post-graduate to graduate degrees, removing experience prerequisites, and abolishing the net worth requirement. Instead, IAs and RAs would need to maintain deposits with the stock exchange based on their client base. Sebi aims to simplify registration, cut compliance costs, and increase the number of registered professionals to serve India’s growing investor base better. This move could enhance market integrity and investor protection.
