BSE sets up entity to administer registered investment advisors

bse sets up entity to administer registered investment advisors

Sumary of BSE sets up entity to administer registered investment advisors:

  • Supervision Ltd (BASL), has received recognition from Sebi to administer and supervise investment advisors (IAs) registered with the regulator, and commenced its operation from June 1, the exchange said in a statement..
  • The administration and supervision of BASL members will be in accordance with capital markets regulator Sebi rules..
  • The long experience of the BSE for over 146 years as a frontline regulator will help in ensuring that BASL will maintain highest standards of governance and practices, Chauhan said…

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