Sebi approves 1 year advance fee limit for investment advisers and research analysts
Sebi board approved investment advisers and research analysts to charge advance fees for up to one year. Earlier, the advance fee limits were shorter. New measures were also introduced to support lower-rated debt securities. Investments by Category II AIFs in these securities will be treated similarly to unlisted securities to meet compliance requirements.
Sebi board approved investment advisers and research analysts to charge advance fees for up to one year. Earlier, the advance fee limits were shorter. New measures were also introduced to support lower-rated debt securities. Investments by Category II AIFs in these securities will be treated similarly to unlisted securities to meet compliance requirements.
