The particulars given in this
Disclosure Document have been prepared in accordance with SEBI (Research
Analyst) Regulations, 2014.
The purpose of the Document is to
provide essential information about the Research and recommendation Services in
a manner to assist and enable the prospective client/ client in making an
informed decision for engaging in Research and recommendation services before
investing.
For the purpose of this Disclosure
Document, Research Analyst is Trade
Research Academy (Research Analyst), (hereinafter referred to as “Research
Analyst” or “RA”)
A.
History,
Present business and Background
Trade
Research Academy (Research Analyst) is a SEBI registered Research
Analyst having registration number INH000019479.
The Research
Analyst is engaged in offering research recommendation to the clients in the
Indian Securities Market. Its scope of services is restricted to providing the
independent research services and is in no way involve in offering any
Investment Advice, Portfolio Management or any other ancillary services.
The Research Analyst does not offer any execution or
distribution services.
B.
Terms
and conditions of Research Services
The
Research Services will be limited to providing independent research and shall
not be involved in any portfolio allocation services, execution services or
distribution services.
C.
Disciplinary
history
No penalties / directions have been
issued by SEBI under the SEBI Act or Regulations made there under against the
Research Analyst relating to Research Analyst services.
There are no pending material
litigations or legal proceedings, findings of inspections or investigations for
which action has been taken or initiated by any regulatory authority against
the Research Analyst.
D.
Details
of its associates
The
details of associates shall be provided as and when required.
E.
Disclosures
with respect to Research and Recommendations Services
1.
The
Research Analyst or any of its officer/employee does not trade in securities
which are subject matter of recommendation.
2.
There
are no actual or potential conflicts of interest arising from any connection to
or association with any issuer of products/ securities, including any material
information or facts that might compromise its objectivity or independence in
the carrying on of Research Analyst services. Such conflict of interest shall
be disclosed to the client as and when they arise.
3.
Research
Analyst or its employee or its associates have not received any compensation
from the company which is subject matter of recommendation.
4.
Research
Analyst or its employee or its associates have not managed or co-managed the
public offering of any company.
5.
Research
Analyst or its employee or its associates have not received any compensation
for investment banking or merchant banking of brokerage services from the
subject company.
6.
Research
Analyst or its employee or its associates have not received any compensation
for products or services other than above from the subject company.
7.
Research
Analyst or its employee or its associates have not received any compensation or
other benefits from the Subject Company or 3rd party in connection with the
research report/ recommendation.
8.
The
subject company was not a client of Research Analyst or its employee or its
associates during twelve months preceding the date of recommendation services
provided.
9.
Research
Analysts or its employee or its associates has not served as an officer,
director or employee of the subject company.
10.
Research
Analysts has not been engaged in market making activity of the subject company.
In
case of any query or issue you may connect to us for contact details.
Disclaimer:
Registration granted by SEBI, enlistment of RA with Exchange and certification
from NISM in no way guarantee performance of the intermediary or provide any
assurance of returns to investors
Standard
warning: Investment in securities market are subject to market risks. Read all
the related documents carefully before investing.