SEBI Mandates Non-Individual Research Analysts to Ensure Client-Level Segregation for Research & Distribution Services

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  • Last Updated on 18 December, 2024

Research Analysts

Notification No. SEBI/LAD-NRO/GN/2024/220; Dated: 16.12.2024

SEBI has notified SEBI (Research Analysts) (Third Amendment) Regulations, 2024. A new regulation 26C relating to ‘Client level segregation of research services and distribution activities’ has been inserted. It states that an individual research analyst must not provide distribution services. Further, a non-individual research analyst or research entity must have client-level segregation at the group level for research services and distribution services.

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