Securities And Exchange Board Of India - Subsection
Section 18(10) in Securities and Exchange Board of India (Research Analysts) Regulations, 2014
(10)Research entity shall ensure that the individuals employed as research analyst are separate from other employees who are performing sales trading, dealing, corporate finance advisory or any other activity that may affect the independence of its research report:Provided that the individual employed as research analyst by research entity can receive feedback from sales or trading personnel of brokerage division to ascertain the impact of research report.
