[A18] - Chapter 18: Key Regulations (NISM Series X-A)

Welcome to Chapter 18 of our DeepStratAI audio masterclass.

This is the legal foundation of your advisory practice. The financial markets run on trust, and that trust is maintained by strict regulations.

In this episode, we break down the Securities Contracts (Regulation) Act of 1956 and the SEBI Act of 1992. More importantly, we take a deep dive into the SEBI (Investment Advisers) Regulations of 2013, outlining exactly what it takes to legally become and operate as an Investment Adviser in India.

🎧 What You Will Hear:
- The core powers of SEBI and the prohibition of fraudulent, unfair trade practices, and insider trading.
- A deep dive into the SEBI (Investment Advisers) Regulations, 2013, including registration and qualification requirements.
- The strict rules around charging fees, conducting risk profiling, and ensuring product suitability for the client.
- An overview of the Prevention of Money Laundering Act, 2002 (PMLA) and the Foreign Exchange Management Act (FEMA).
- Understanding FATCA and Common Reporting Standards (CRS) for international tax compliance.

Resources:
Official NISM Workbook: https://cert.nism.ac.in/
If you find this helpful, for accessing my exam notes, you can reach out to nemo@deepstratai.com (free of cost).
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⚠️ Disclaimer: The content provided in this video/podcast is strictly for educational and informational purposes only. It is designed to assist candidates in preparing for the NISM Series-X-A exam and to promote general financial literacy. DeepStratAI and its creators are not SEBI-registered investment advisers. We do not provide personalized financial, investment, or trading advice. The Indian equity market is inherently volatile, and all investments carry risk. Always consult with a certified financial professional before making any investment decisions. Our goal is to empower you with tools for thought, not a replacement for it.