Analysts will need NISM certificate: Sebi

Mumbai: Sebi’s new norms for research analysts would require them to have a professional degree as also an NISM or equivalent certification to ensure that investors get the right financial advice. The National Institute of Securities Markets (NISM) has been established by the Securities and Exchange Board of India (Sebi) to conduct academic programmes and certification examinations for financial education. New regulations would require that any individual seeking registration as a ‘Research Analyst, or those engaged in preparation or publication of research analysis and reports have certain minimum qualifications.