SEBI Notifies ‘Important Terms and Conditions’ for Investment Advisers and Research Analysts
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- By Chetan Kulasri
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- Last Updated on 20 February, 2025
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Circular No. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/20, Dated: 17.02.2025
As per Research Analysts Regulations and Investment Advisers Regulations, Research Analysts and Investment Advisers must disclose the terms and conditions of research services, obtain client consent, and enter into an investment advisory agreement. Now, the Industry Standards Forum (ISF) for Research Analysts and ISF for Investment Advisers, in consultation with IAASB and SEBI, has introduced Most Important Terms and Conditions (MITC). This circular shall take effect immediately.
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