Mumbai, June 12 -- Markets regulator SEBI encourages investors to pay fees to their investment advisers and research analysts through the Centralized Fee Collection Mechanism for investment advisers and research analysts (CeFCoM).

In a statement, SEBI on Thursday said CeFCoM is a secure and transparent payment ecosystem developed to ensure that investors pay fees only to registered investment advisors and research analysts. It is an optional mechanism.

CeFCoM is a payment mechanism that differentiates registered investment advisers and research analysts from unregistered entities acting as investment advisers and research analysts.

CeFCoM has been operationalised from October 1, 2024 and is managed by BSE Ltd in association with MF Uti...