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SEBI on April 26 notified that a recognised stock exchange may undertake the activities of administration and supervision over specified intermediaries. Accordingly, stock exchanges can now be recognised as administrative and supervisory bodies of RAs and IAs.
SEBI proposed that, on similar lines as IAASB (Investment Adviser Administration and Supervisory Body), it may recognise a body, designated as Research Analyst Administration and Supervisory Body (‘RAASB’), to administer and supervise RAs
Securities and Exchange Board of India on Tuesday proposed to recognise an entity designated as Research Analyst Administration and Supervisory Body (RAASB), which will be responsible for the administration and supervision of the research analysts.
SEBI plans to set up a Research Analyst Administration and Supervisory Body (RAASB) to administer and