n NISM Certifications
VII NISM Series VII
Medium

______ has issued stringent rules for research-based advisory services by broking houses.

Practice question from NISM Series VII Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Department of Economic Affairs

  2. B

    Research Analysts Association of India

  3. SEBI

    Correct answer

  4. D

    NISM

Why this is the answer

SEBI regulates research-based advisory services by broking houses, with rules under the SEBI (Research Analysts) Regulations, 2014, to ensure compliance and investor protection.

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