Company and SEBI Laws
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.
Notification No. SEBI/LAD-NRO/GN/2024/220 dated 17.12.24