April 19, 2024

Research analyst

  • As per reports, many finfluencers are now “renting out” research analyst (RA) licences for a fee.
    • A finfluencer — as a financial influencer is usually called — is one who gives the ordinary investor information and advice on an array of financial topics such as stock market trading, personal finance and mutual funds.
  • Several finfluencers were quoted in the report as saying that their applications are being rejected as RA regulations are very strict in India.
  • Currently, in India, to become a registered RA, a person must hold a post-graduate degree or a professional qualification and market experience of five years.
    • However, most finfluencers do not meet this criterion.
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