SEBI Unveils New Framework For Stock Exchanges To Oversee Research Analysts, Investment Advisers

To be recognised as a RAASB and IAASB, a stock exchange must have been operational for at least 15 years, possess a net worth of at least Rs 200 crore, need to have nationwide terminals and investor service centres in 20 cities and provide a grievance redressal mechanism, including online dispute resolution.

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