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NISM Certifications · NISM-Series-XV: Research Analyst · Legal and Regulatory Environment (NISM XV)

Under the SEBI (Research Analysts) Regulations, 2014, which of the following is the body that a research analyst must obtain registration from before offering research services to clients?

A research analyst must be registered with the Securities and Exchange Board of India under the SEBI (Research Analysts) Regulations, 2014. SEBI is the securities market regulator that grants the certificate of registration, whereas RBI, MCA and ICAI do not register research analysts.

  1. AReserve Bank of India
  2. BSecurities and Exchange Board of IndiaCorrect
  3. CMinistry of Corporate Affairs
  4. DInstitute of Chartered Accountants of India

Explanation

The SEBI (Research Analysts) Regulations, 2014 require a person to hold a certificate of registration granted by SEBI to act as a research analyst. RBI, MCA and ICAI do not register research analysts for securities research.

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