Measures to strengthen the conduct of Investment Advisers (IA)

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..... ange Board of India (Investment Advisers) Regulations, 2013 (IA Regulations) provides for code of conduct to be followed by IAs. In order to further strengthen the conduct of IAs, while providing investment advice and to protect the interest of investors seeking their advice, the IAs shall comply with the following: (i) Restriction on free trial As per SEBI (Investment Advi .....

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..... eps: a. Complete the risk profile of the client based on information provided by the client. b. Obtain consent of the client on completed risk profile either through registered email or physical document. (iii) Receiving fees though banking channel only It is observed that investment advisers are receiving advisory fee in the form of cash deposit in their ba .....

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..... (within 7 days of end of the previous month): Number of complaints At the beginning of the month Received during the month Resolved during the month Pending at the end of the month Reasons for pendency 2. The measures as referred above s .....

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