What is the process to get registered as a RA for Individuals? What are the various online resources available?
SEBI has made the process of registering as a RA very straight forward. All interaction happens thru their online portal or thru emails.
Here is the process in brief, we will cover some topics in detail later:
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The application needs to be submitted online on the SEBI Intermediary Portal (called as SIP)
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You first need to create your login using the “Self Registration” menu and pay the initial registration fees.
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Once you get the login details, you can create apply for registration. The form looks daunting but is very straight forward. You can save and return later, so no need to complete the form in one sitting. I will cover the list of documents required in the next post.
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Once the application is submitted, SEBI will review it. If they need more information, they will email it to you giving you 15 day period to respond with additional information or documents.
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If you meet the eligibility and the SEBI is assured of your ability to offer advice, you can expect the application to be approved in 6-8 weeks time.
Online resources: (Please go thru all of these in detail)