SEBI has mandated that registered investment advisors (RIAs) provide monthly investor complaint data on their website or mobile application from 2022
Dec 14 2021
News Category: Regulatory Updates
Securities Exchange Board of India (Sebi) has mandated that registered investment advisors (RIAs) provide monthly investor complaint data on their website or mobile application from 2022. The data must be provided by the 7th of the following month, according to the regulator. If an RIA does not have a website or a mobile application, the specifics of the complaint must be sent to each investor through email.