Regulating investment advice: Fintech vs Sebi

How do fintech firms deal with the physical process that Sebi demands? They can't

Media reports suggest the Securities and Exchange Board of India (Sebi) wants to redefine the services of research analysts (RAs) and investment advisors (IAs) by tweaking once more the regulations that govern them. Let me start with a disclosure. I run a firm that is regulated by Sebi and so my views may be coloured. However, I have insights into what investors are looking for, something non-practitioners may not be aware of. Sebi brought IAs within its regulatory ambit in 2013 and RAs in 2014. IAs are supposed to be like family physicians who know the health history of every