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SEBI allows IAs, RAs to charge advance fees for up to 1 year

  • SEBI relaxes rules on advance fees for investment advisers and research analysts.
  • Investment advisers can now charge fees in advance for up to one year.
  • Previously, they could charge fees in advance for up to two quarters.
  • SEBI's move aims to provide flexibility to analysts in offering long-term research and advisory services.

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