Delhi HC Issues Notice on Contempt Plea filed by ANI Media Private Limited  ||  Rights of Mutation: Del. HC Initiates Suo Motu PIL Over Lack of Policies for Mutation of Property  ||  All. HC: Can’t Implicate Co-Accused u/s 149 when there is No Meeting of Mind Regarding Common Object  ||  SC: Factum of Causing Injury Not Relevant When Accused Roped in as Member of Unlawful Assembly  ||  Meghalaya Govt. to SC: Circular Issued Regarding Prohibition of 'Two Finger test' on Rape Survivors  ||  SC: No Minimum Sentence Prescribed for Conviction Under Section 304(A) and 338 of IPC  ||  Kar. HC: Offence Under Widlife Protection Act Shouldn’t be Kept Pending for Very Long  ||  Mad. HC: Courts Have Power to Grant Maintenance to Muslim Woman Who Has Filed for Divorce  ||  Bom. HC: Bail Granted to Man on Ground of Having No Intention to Disrupt Public Peace  ||  MP HC: Transferring Accused Merely Because ICC Proceedings are Pending is Unjustified    

Master Circular for Investment Advisers- (Securities and Exchange Board of India) (21 May 2024)

MANU/SMIS/0014/2024

Capital Market

1. Securities and Exchange Board of India ("SEBI"/ "the Board"), from time to time, has been issuing various circulars/directions to Investment Advisers (IAs). In order to enable users to have access to the applicable circulars at one place, this Master Circular in respect of IAs is being issued.

2. SEBI Master Circular No. SEBI/HO/MIRSD-PoD-2/P/CIR/2023/89 dated June 15, 2023 for IAs was a compilation of relevant circulars issued by SEBI which were operational as on June 15, 2023.

3. Subsequently, various guidelines/directions were issued to the IAs by way of circulars/advisory. The provisions of such circulars issued until May 15, 2024 have been incorporated in this Master Circular, which supersedes the Master Circular for IAs dated June 15, 2023. With the issuance of this Master Circular, the directions/ instructions contained in the circulars listed out in the Appendix to this Master Circular, to the extent they relate to the IAs, shall stand rescinded

4. Notwithstanding such rescission,

a) Anything done or any action taken or purported to have been done or taken under the rescinded circulars, prior to such rescission, shall be deemed to have been done or taken under the corresponding provisions of this Master Circular;

b) Any application made to the Board under the rescinded circulars, prior to such rescission, and pending before it shall be deemed to have been made under the corresponding provisions of this Master Circular;

c) The previous operation of the rescinded circulars or anything duly done or suffered thereunder, any right, privilege, obligation or liability acquired, accrued or incurred under the rescinded circulars, any penalty, incurred in respect of any violation committed against the rescinded circulars, or any investigation, legal proceeding or remedy in respect of any such right, privilege, obligation, liability, penalty as aforesaid, shall remain unaffected as if the rescinded circulars have never been rescinded.

5. This circular is issued in exercise of the powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.

6. This circular is available on SEBI website at www.sebi.gov.in under the categories "Legal framework-Master Circulars" and "Info for-Investment Advisers".

Tags : CIRCULAR   ISSUANCE   INVESTMENT ADVISERS  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved