SEBI does not process Investment Adviser applications operationally. All SEBI Investment Adviser (IA) registrations are front-ended and administered by BSE Administration & Supervision Ltd. (BASL), a wholly owned subsidiary of BSE Ltd., acting as a SEBI-recognized supervisory body. SEBI remains the statutory authority, but applications, scrutiny, queries, inspections, and ongoing supe... https://in.localbook.org/business-industrial/other-industry-business/noida/role-of-bse-basl-in-sebi-investment-adviser-registration_i23246