With SEBI’s ambitious PaRRVA (Past Risk & Return Verification Agency) framework going live today, the “Wild West” of unverified investment claims is officially over.
Under this framework, registered entities like - Research Analysts, Investment Advisors, and Algo Providers, must register with PaRRVA (Care Ratings Ltd serving as the SEBI recognized verification agency) to have the performance of their recommendations verified.
Since the framework applies prospectively, SEBI has also mandated that these entities have their historical returns certified by a member of ICAI/ICMAI. This ensures that even performance data predating PaRRVA is also independently validated.
In line with these guidelines, the historical live performance of every portfolio available on the smallcase app and website is now certified by an independent CA. These certificates are available directly within the portfolio factsheets.
PaRRVA validated returns are also coming soon to all the portfolios on the platform.
Performance is why investors stay with a strategy, but trust is why they start. At @smallcaseHQ , we don’t just show you the numbers; we show you the proof. Next time you evaluate a strategy, remember: If it isn’t verified, it’s just a claim.
If you want to save Sikhi —spread this video far & wide!
None has been spiritually rαρεd in history as the Sikhs by British engineered SGPC.
Unless they connect with roots & Truth —Punjabis are hopelessly vulnerable to predatory cults of Islам, drugs, Khalistan, missionaries etc.
Association of Registered Research Analysts (ARRAI) is going from strength to strength. All SEBI registered RAs should join at
https://t.co/Y5H8Fu1nWY.
@ARRAI_SEBIRA
ARRAI working group met with the SEBI Chairperson Sh. Tuhin Kanta Pandey and his team of senior officials on Wednesday.
ARRAI is thankful to the regulator for this opportunity to place the views of our RA community
I don't agree with this ad... doing own research has not done any good for most people. They must seek professional advice from @SEBI_India registered Research outfits
@ARRAI_SEBIRA
ARRAI is pleased to announce that SEBI has acknowledged the industry issue on the 3 month fee matter and brought out this consultation paper.
https://t.co/9GFUyeWbtw
Saw this speculative report. 6months fee will not solve anything and I trust the regulator will take a more measured view not disturbing the long term focus of many such research outfits
https://t.co/XW93Leif4s
@Aditya_Hujband Agree @Aditya_Hujband . Latest changes in RA regulations have increased the cost and decreased the ease of doing business, making the bad situation worse. The worst part is that SEBI seems to have ignored most of the feedback from the RA community to the consultation paper.
@WeekendInvestng Latest changes in RA regulations have increased the cost of doing business and decreased the ease of doing business, making the bad situation worse.
The worst part is that SEBI seems to ignored most of the feedback to the consultation paper.
Any person convicted of rioting, arson, and stone-pelting should have his or her passport, ration card, insurance, voting rights, and all other government benefits cancelled.
If you damage property paid for by the tax-payer, you don't deserve benefits paid for by the tax-payer.
@ambkcsingh Better pursuit for India is to seek greatest welfare of greatest number farmers... and that is through implementation of farm laws, which involves the opposition-sponsored agents to yield for the larger good of the country.