SEBI Proposes to Reconsider the Period for Collecting Advance Fees by IAs and RAs From Their Clients
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- By Chetan Kulasri
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- Last Updated on 15 February, 2025
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Consultation Paper; Dated: 12.02.2025
SEBI has released a consultation paper on the advance fee to be charged by Investment Advisers (IAs) and Research Analysts (RAs). SEBI has proposed reconsidering the period for IAs and RAs to collect advance fees from their clients for up to one year. The objective of the provision of advance fees was to protect the interests of the investors. Currently, IAs can charge fees for a maximum of six months and RAs for a maximum of three months. Comments may be invited by February 27, 2025.
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