Sebi to release paper on easing norms for investment advisor registration

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Sebi to release paper on easing norms for investment advisor registration - Business Standard

Quick Summary:

Capital markets regulator Sebi will early next week come out with a consultation paper on making it easier to become a registered investment advisor, a senior official said on Friday.

Also, senior Sebi officials in the recent past have said that challenges to get registered as an investment advisor are among the reasons for growth in the problematic fin-influencers segment.

The Sebi board recently approved a series of measures on restricting the play of fin-influencers, which focus mainly on policing the segment through their tie ups with the entities regulated by Sebi.