In the Indian securities market, much of what investors see—research reports, recommendations, and disclosures—comes with a layer of regulation working quietly in the background. One of the professionals responsible for ensuring that this layer functions properly is Swati Matkar, a compliance specialist focused on research regulation and investor protection.
Swati Matkar works as the Compliance Officer for research at Choice Equity Broking Private Limited (Choice India). In this role, she oversees whether the company’s research activities meet the standards laid down by the Securities and Exchange Board of India (SEBI). Her work connects directly with one of the most common signals of credibility investors look for today: SEBI registration.
By understanding Swati’s role and responsibilities, investors can better understand what SEBI registration actually represents, how disclosures should be reviewed, and what steps are available if concerns arise.
Who Is Swati Matkar?
Swati Matkar is a compliance professional working in the Indian securities market. She is responsible for research compliance at Choice Equity Broking Private Limited, also known as Choice India.
The company is registered with SEBI as a Research Analyst and holds the registration number INH000000222. Swati’s responsibility is to ensure that all research-related activities carried out by the firm adhere to SEBI regulations, including disclosure norms, communication standards, and grievance-handling requirements.
At Choice India, she serves as the primary point of contact for any research compliance matters. Investors or stakeholders with questions related to research practices or regulatory obligations are routed through her office.
She has a background in legal and compliance functions and has previously worked with Inventure Growth & Securities Ltd in a similar role.
Why SEBI Registration Matters to Investors
SEBI registration is not just a formality. It indicates that a Research Analyst or firm is required to follow a defined regulatory framework that focuses on transparency, fairness, and accountability.
Investors should take time to:
- Verify SEBI registration details
- Review disclosures carefully
- Understand the nature and scope of the services offered
- Rely only on officially communicated and publicly available information
This awareness helps investors engage with research services in an informed and responsible manner.
When Should an Investor Consider Filing a Complaint?
Complaint Against SEBI Registered Investment Advisor, when investors may face service-related concerns. These are generally not about market outcomes but about how the service is delivered.
- An investor may consider filing a complaint against RIA if:
- Written queries or complaints are not responded to
- Responses remain unclear or incomplete despite follow-ups
- Promised services do not match what is actually provided
- Important disclosures or complaint-related details are missing
- Internal grievance redressal mechanisms fail to resolve the issue in time
SEBI expects Research Analysts to maintain clear communication and timely resolution of investor concerns.
Conclusion
Compliance professionals like Swati Matkar play a critical role in ensuring that SEBI-registered Research Analysts operate within regulatory boundaries. Their work supports transparency, proper disclosures, and investor confidence in research services.
For investors, protection begins with awareness—verifying registration details, reading disclosures carefully, safeguarding personal information, and promptly raising concerns when needed. These steps help create a safer and more informed investing environment.
