Consultation Paper on Amendments to the SEBI (Investment Advisers) Regulations

SEBI had issued a consultation paper on October 07, 2016 seeking public comments on the clarifications/amendments to SEBI (Investment Advisers) Regulations, 2013 (‘IA Regulations’).

A revised consultation paper was issued on June 22, 2017 clarifying certain issues raised by the market participants.

Based on the feedback received and to prevent the conflict of interest between “advising" of investment  products and “selling” of investment  products by the same entity/person, the proposals are revised as under.