n NISM Certifications
XV NISM Series XV
Medium

Which research entities are required to appoint a Compliance Officer?

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

Options

  1. A

    All types of research entities other than independent analysts

  2. All types of research entities which are body corporate or limited liability partnership firm

    Correct answer

  3. C

    All types of research analysts including independent analysts

Why this is the answer

Under SEBI (Research Analyst) Regulations, 2014, only research entities structured as a body corporate or LLP must appoint a compliance officer to monitor compliance with regulations and SEBI circulars.

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