#SEBI has announced that the new Research Analysts Regulations will come into force from today (1/12/2014) onwards.
Hence, all analysts will have to refrain from giving Stock Specific advice on platforms which can be accessed by public, like Websites, TV, Radio, Print, SMS, Whatsapp, Facebook, etc,. Analysts cannot talk stock specific until they are Exempt or until they Register under the new regulations. Registration will cost Individuals Rs.15000/- totally and companies like VRIDHI Rs.5.5 Lacs totally!
We however can continue talking on Market Outlook and Sector Outlook.
Download the Regulations file: http://www.sebi.gov.in/cms/sebi_data/commondocs/RESEARCHANALYSTS-regulations_p.pdf
Mr.Vivek Karwa will be doing his first show on 2/12/2014 at 9.30am Live on Sun News, as per the New Regulations! Do Watch.
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