Capital market regulator Securities and Exchange Board of India has cautioned that research analysts who do not apply for registration with the regulator under its Research Analysts Regulations, 2014 by May 31, should stop acting as an analyst or face action. Persons failing to apply for registration by the month-end would be barred from acting as research analysts, SEBI said. The regulations were notified on September 1, 2014, and came into being on December 1, 2014.

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