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ICICI Sec, 10 others to act as investment advisers

Among the 11 entities include ICICI Securities IFMR Investment Adviser Services, Sensage Financial Services and Valuefy Solutions

January 01, 1970 5:30 IST | India Infoline News Service
The Securities and Exchange Board of India (SEBI) has authorised 11 entities to act as investment advisers under the new guidelines, which aim to provide more transparency in the stock market.

Earlier this year, SEBI had issued norms making it mandatory for any person or company seeking to advise investors to be registered with the market regulator for such activities.

Among the 11 entities include ICICI Securities IFMR Investment Adviser Services, Sensage Financial Services and Valuefy Solutions.

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