What do you mean by 'Research Analysts'? Elucidate the net worth requirements, and role and responsibilities of Research Analyst as per SEBI (Research Analyst) Regulations, 2014.

As per the SEBI (Research Analysts) Regulations, 2014, "Research Analyst" means a person who is primarily responsible for: preparation or publication of the content of the research report; or Providing research report; or making 'buy / sell / hold recommendation; or giving price target; or offering an opinion concerning public offer, with respect to securities that are listed or to be listed in a stock exchange, whether or not any such person has the job title of 'Research Analyst' and include any other entities engaged in issuance of Research Report or Research Analysis. Net worth requirement: Body Corporate or Limited Liability Partnership firm - not less than ₹ 25 lakhs; Individual or Partnership firm shall have net tangible assets of value not less than ₹ 1 Lakh. Role and Responsibility: They study companies and Industries, analyse raw data and make forecast or recommendations about whether to buy, hold or sell securities. They analyse information to provide recommendations about investments in securities to their clients. Investors often view analysts as experts and important source of information about the securities they review and often rely on their advice. There are basically three broad types of analysts, viz. sell-side analysts, buy-side analysts and independent analysts.