- No, an Authorised Person (AP) is not registered directly with SEBI. As per SEBI Circular No. MIRSD/DR-1/Cir-16/09 dated November 6, 2009, SEBI allows SEBI-registered stockbrokers to appoint APs to provide access to clients. However, APs are registered only with the stock exchanges (like NSE or BSE), not with SEBI directly.
|