Taxation

If you’re wondering how to become a SEBI registered research analyst in India, here’s a complete guide to help you through the process. The Securities and Exchange Board of India (SEBI) regulates research analysts to ensure transparency and protect investors from misleading advice.

To qualify, candidates must meet specific eligibility criteria, including relevant educational qualifications and certification by passing the NISM Research Analyst Examination. After clearing the exam, you can apply for registration by submitting required documents, paying the prescribed SEBI registration fees, and completing the step-by-step online process through the SEBI Intermediary Portal.

Being a SEBI registered research analyst allows you to legally publish investment research reports and provide stock recommendations. On the other hand, SEBI non-registered cases—where individuals offer stock tips or investment advice without registration—often attract strict regulatory action, penalties, or bans from SEBI.

Hence, it’s crucial to get registered to build credibility and ensure compliance. Understanding both SEBI registered cases and non-registered cases helps analysts operate ethically and maintain investor trust while pursuing a professional and compliant career in financial research and advisory.