Investment Advisors

The SEC only brought three enforcement actions in the second half of fiscal 2025, the lowest level ever recorded in a half-year period, researchers say.

Sebi's action stems from a mounting trail of investor complaints, regulatory violations and instances of outright fraud.

Sebi introduced the centralized fee system to ensure investors pay only registered investment advisers and research analysts. Yet, awareness and ease of use remain hurdles

GenAI can uniquely tailor financial advice based on an individual's income, lifestyle, and goals—a luxury once reserved for wealthy clients of human advisors. But GenAI isn't infallible.

Amfi is supposed to regulate mutual fund distributors (MFDs). If it falls short, Sebi's surveillance systems will take care of it, says new Sebi chief, Tuhin Kanta Pandey.

You can try to send letters or emails to the relevant department, but there is no official channel to place complaints against unregistered investment advisors

Anurag Kesarwani transformed his financial portfolio by surrendering half of his insurance policies and investing in four direct mutual fund schemes through a registered investment advisor. He aims to save on commissions and better plan for his family's future financial goals.

The Sebi whole-time member said such fees should not be subject to Sebi caps, adding that there would not be any requirement to offer such products through a different entity, as Sebi had contemplated earlier.

Investment advisers oppose Sebi's plan to limit their scope, arguing it would hinder comprehensive financial planning and mean the end of their profession.They suggest disclosures for unregulated services instead, insisting they be allowed to advise on financial products such as wills and loans.