Sebi relaxations fail to revive RIA registrations amid compliance burden and business viability concerns
Despite recent regulatory relaxations by the Securities and Exchange Board of India (Sebi), the number of new Registered Investment Adviser (RIA) applications continues to stagnate, raising questions about the effectiveness of reforms aimed at expanding India’s advisory ecosystem. While Sebi’s intent to simplify onboarding and reduce entry barriers is evident, industry experts argue that deeper…