Sebi has announced that research service personnel must obtain NISM certification within a year. Institutional investors no longer need to sign consent forms. Research analysts will still share terms and conditions. Sebi clarified what constitutes a research report. Journalists are exempt from registration, but recommendations must be based on registered analysts’ reports. Restrictions apply to trading securities recommended by analysts.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets