The companies, products and regulatory developments shaping the broker industry.
The final order makes the academy and founder jointly liable for the principal refund and interest. Gouri Sathe’s penalty and market restriction have a different scope.
Research analysts must still preserve client-interaction records, generally for five years and longer where a dispute or SEBI direction requires it.
A notified amendment removes one mandatory recording requirement for research analysts and research entities. Eligibility follows a defined institutional-investor category, with other client records remaining relevant.