Research analysts will have to register with SEBI: Sinha

India Infoline News Service | Mumbai |

SEBI said that research analysts will have to register with the regulator and will have to make disclosures

SEBI Board meeting has taken important decisions today.
The regulator has hiked the anchor investor limit. It has also reworked the KYC norms.
SEBI said it would allow KYC information sharing with other regulators so that there is uniform KYC information across the financial market.
SEBI amended other KYC norms to enable other financial regulators.
SEBI Chairman UK Sinha said that research analysts will have to register with the regulator. Research analysts will now be regulated and have to make disclosures, Sinha added.
The minimum IPO norm for dilution will be 25% or Rs. 400 crore and over 75% will be government stake.


 

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