AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Finshots Daily
How to get fined by SEBI if you're an Investment Advisor
Jul 18, 2024
SEBI fined an investment advisor Rs 25 Lakhs for breaching guidelines. Importance of adhering to SEBI regulations outlined. Violations can lead to hefty fines. Case study of monetary solutions as cautionary tale.
06:03
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- SEBI enforces strict guidelines for investment advisors to protect clients and maintain integrity.
- Investment advisors must possess qualifications, maintain records, and comply with SEBI regulations to avoid fines.
Deep dives
Importance of SEBI Regulations for Investment Advisors
Investment advisors operating under SEBI regulations must adhere to stringent rules to safeguard clients and ensure transparency in financial dealings. Regulation 7 mandates that advisors possess specific qualifications and experience, maintain detailed client transaction records, and undergo annual audits for compliance. These regulations serve to protect investors and their funds, as highlighted through the case of monetary solutions facing penalties for breaching SEBI mandates.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode