Editing Stockbroker (section)

===India===
Share brokers in [[India]] are governed by the [[Securities and Exchange Board of India Act, 1992]] and brokers must register with the [[Securities and Exchange Board of India]] (SEBI). The [[National Stock Exchange of India]] and the [[Bombay Stock Exchange]] via brokers, provide an ecosystem to investors to trade in capital markets through various channels - broker offices, investment advisor or screen-based electronic trading system. An individual employed by an investment firm must complete the National Institute of Securities Markets (NISM) exam and apply to SEBI for registration as an '''Investment''' Advisor.<ref>{{cite web|url=https://www.thehindubusinessline.com/markets/sebi-prescribes-norms-for-investment-advisors/article0911600234.ece|title=SEBI prescribes norms for investment advisors|publisher=[[Business Line]]|date=September 24, 2020|access-date=October 9, 2020}}</ref>

Stock market advisory and research services are highly regulated in India. Only SEBI registered stock advisory and investment research analysts are allowed to do so. The complete details of these authorized persons are available on website of SEBI for protection of investors.