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[Cites 0, Cited by 0] [Section 17] [Entire Act]

Securities And Exchange Board Of India - Subsection

Section 17(d) in Securities and Exchange Board of India (Investment Advisers) Regulations, 2013

(d)It has a reasonable basis for believing that a recommendation or transaction entered into:
(i)meets the client's investment objectives;
(ii)is such that the client is able to bear any related investment risks consistent with its investment objectives and risk tolerance;
(iii)is such that the client has the necessary experience and knowledge to understand the risks involved in the transaction.