Respected Sir/Madam,
I am an Engineer with zero Professional work experience in Finance. But I am trading in Stock market for the last 2yrs. I have good knowledge and experience in it. I am in an idea to start PAID call services and investment tips to my clients and would like to expand the same. But SEBI has mandated that only the SEBI Registered Investment Advisor/Research Analyst can provide paid calls and tip services to their clients. To become SEBI Registered, I should do NISM Course Certification. The prerequisite for that course is that One should be a Finance related Graduate or should have 5yr Professional work experience in Finance in order to enroll for that course. This stops me from becoming an Investment Advisor/Research Analyst. What should I do to give paid calls and tip services to my clients Sir/Madam. If I start this paid service will I be punished or is there any exemptions for people like me?
A.Hi,
Since the analyst job requires certain pre-requisites and same are not fulfilled in your case, you might get punished if you start doing this job.
Dear sir,
You can do as proposed at your risk. It seems you have perfected the law relating to above matter and if unfortunately anything happens just go to High court and get a stay order on such pro...
Dear Client,
A financier cannot take away the secured asset from the borrower who fails to repay his debt without an order from the Court. In the given situation, filing a complaint against the recov...
Dear Client,
You can connect with the bank to know the reason for deduction of NACH charges and solve the matter amicably. But, in case of inaction or unreasonable deductions by the bank, you can file...
Dear Client,
send a legal notice to them through an advocate for offence of cheating under sec 416, 420 of IPC. make sure o=to have all evidences in form of proof like receipts, bills etc additionall...
You have selected a Lawyer whose location is different from your Location , if you wish to take phone consultation kindly pay and get the details of the Lawyers.
Type of Consultation
Fees
Phone Consultation
₹
Meeting Consultation
₹
Email Consultation
₹
Video Conference
₹
Request for quotation from the Lawyer.
You are a new user, please validate for security reasons
❶ Client Posts a Question by paying some amount
❷ All Paid Answers will be shown in N-Indicator (Open to Answer)
❸ You can reply and respond to the question
❹ Answer will be Approved by Admin based on content and on first come first serve basis.
❺ If answer is Approved then you will get your share. Status will be A-Indicator (Approved).
❻ If there are many Answers Posted then your Answer may get approved with a Lock. That means Client can view your response only if Client Unlocks by Paying Extra Amount. Status will be AL-Indicator ( Approved and Locked).
❼ If there are many Answers Posted you will Waitlisting tag. Waitlisting Answers may get Approved with a Lock or may not get Approved. It will be decision made by the Admin.
❽ Your share will depened on the number of Answers received and weightage given to your answer based on promtness and content.
➒ All amount will be accumulated and will be shared once in a month.
Your question is posted successfully. You will get your responses soon. You will be notified by mail and sms once Lawyer responds. THANK YOU! For any query drop a mail at [email protected] or call at 7604047601
Your question is posted successfully on the open forum. You will get your responses soon. You will be notified by mail and sms once Lawyer responds. THANK YOU! For any query drop a mail at [email protected] or call at 7604047601
SEBI REGISTERED INVESTMENT ADVISOR/RESERCH ANALYST
Legal Query
