George Telegraph launches new educational initiative
Posted on May 07 2014 | IBNS
Kolkata, May 6 : Keeping up with the recent changes in SEBI guidelines in the investment sector, The George Telegraph Group, a vocational training institute in Eastern India has launched its new educational initiative The George Institute of Capital Market Studies.
Subrata Dutta, Director, The George Telegraph Group, Ashes Bhaduri, Rahul Ray - the first Sebi Registered Licensed Investment Advisor(Under New Regulation ) from Eastern India, and Mamata Binani - Practicing CS and past chairperson of Institute of Companies Secretaries of India ( Eastern Region - 2010 ) were present at the launch.
The institute will offer a curriculum on Post Graduate Certificate in Investment and Wealth Management.
Speaking on the occasion, Subrata Dutta, Director, The George Telegraph Group said "The George Telegraph Group has all along imparted education through more than fifty vocational courses to the youth of the nation with the sole objective to give them a career. To keep up with the tradition, the new institute will be the first of its kind in West Bengal and will provide a tremendous opportunity to the students in today's economy"
As per the new guideline, from April 2013, from now-onwards only the SEBI registered investment advisors will be allowed to provide advice to the investors regarding all types of financial products and financial plans.
The training program will be the first of its kind in West Bengal by GICMS aimed at providing Investment and Wealth Management oriented courses in order to make students suitably equipped to understand the role and importance of a SEBI Registered Investment Advisor and subsequently provide a splendid opportunity to upgrade the skill in today's money market, the company said in a statement.
SEBI introduced the SEBI (Investment Adviser) Regulation Act 2013 keeping in view the general investor protection and safe guarding the investor's money.
In terms of the regulations from October 2013, no person shall act as an investment adviser or hold itself out as investment adviser unless he has obtained a certificate of registration from the Board or he is specifically exempt.