Sebi has granted recognition for three years from June 1, 2021 and the renewal will be subject to satisfactory performance by BASL, which is a subsidiary of stock exchange BSE, the regulator said. All existing Sebi-registered investment advisers (IA) will be required to seek membership of BASL and the new applicants are required to obtain membership before applying for registration with the regulator.from Stocks-Markets-Economic Times
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