SEBI has issued a Master Circular for Research Analysts. As per the circular, stock Exchanges shall now be recognised entities for administration and supervision of Research Analysts (‘RAs’) and Investment Advisers (‘IAs’) named RAASB- Research Analyst Administration and Supervisory Body IAASB- Investment Adviser Administration and Supervisory Body respectively. In order to ensure efficiency in the system and economies of scale, RAASB and IAASB shall be one and the same stock exchange.
CDSCO Updates List of Approved FDCs
The CDSCO has now identified and corrected typographical errors in the earlier list of FDCs (Annexure-A) for which manufacturing licenses could be obtained directly from