Common mistakes of RA and IAs
- Individual IAs cannot provide distribution services as per SEBI regulations, and non-individual IAs must segregate these services from investment advisory activities.
- Submitting incomplete or inaccurate Form A applications, using outdated documents, or failing to meet the required qualification and experience criteria can lead to application rejection.
- Providing investment advice without the necessary SEBI registration or failing to comply with the specific requirements for investment advice.