Regulated investment advice: Fintech vs Sebi

How do fintech companies manage the physical process demanded by Sebi? They can not

Topics
BS Reviews | SEBI | fintech


The media suggests that the Securities and Exchange Board of India (Sebi) wants to redefine the services of research analysts (RA) and investment advisers (IA) by once again tweaking the regulations governing them. Let me start with a disclosure. I run a Sebi-regulated company, so my opinions can be stained. However, I do have an idea of ​​what investors are looking for, which non-practitioners may not be aware of. Sebi brought RNs into its regulatory scope in 2013 and RAs in 2014. RNs are meant to be like family doctors who know the medical history of each family member. What a doctor knows about health, the AI ​​is supposed to know about wealth. But that’s where the analogy ends.


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First published: Sunday, August 14, 2022. 11:33 p.m. IST

About Nicole Harmon

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