The chapter emphasizes the significance of adhering to SEBI's regulations for investment advisors, outlining requirements like signed agreements, client record maintenance, audits, and assessing risk tolerance. A case study of monetary solutions serves as a cautionary tale, where violations led to a significant fine by SEBI.
In today's episode for 18th July 2024, we see why SEBI fined an investment advisor Rs 25 Lakhs for breaching some of their guidelines.
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