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SEBI has reappointed BSE Administration and Supervision Limited (BASL) to supervise the activities of registered investment advisors and research analysts.
The market regulator has recognised BSE Limited as Investment Adviser Administration and Supervisory Body (IAASB) to oversee RIAs and ensure that they comply with the regulatory norms.
This reappointment is for five years starting from July 25, 2024.
IAASB will issue circulars, standard operating procedures (SOPs), FAQs to provide guidance and ensure smooth adoption of its framework by investment advisers.
