The Securities and Exchange Board of India (“SEBI”) released a draft of the revised ‘Investor Charter for Investment Advisers’ with the objective of strengthening investor protection, promoting financial literacy, and enhancing transparency in the services offered by Investment Advisers (“IAs”).[1]
The original Investor Charter for IAs was introduced through a SEBI circular dated December 13, 2021. It set out a structured framework highlighting the rights and responsibilities of investors engaging with investment advisers, while also providing guidance on key aspects such as dos and don’ts, the nature of advisory services, and grievance redressal mechanisms available to investors.
In light of recent regulatory developments in the securities market, including the implementation of the Online Dispute Resolution (ODR) platform and the launch of SCORES 2.0, SEBI has considered it timely to review and update the charter. The revised version aims to reflect current industry practices and regulatory expectations, with a view to ensuring greater investor awareness and protection.
SEBI has now placed the draft of the revised Investor Charter for public consultation. Comments and suggestions from stakeholders are invited and can be submitted online via SEBI’s public comments portal latest by May 02, 2025.
[1]https://www.sebi.gov.in/reports-and-statistics/reports/apr-2025/investor-charter-for-investment-advisers_93419.html