Regulatory Alerts2024-06-07
Master Circular for Portfolio Managers
The Securities and Exchange Board of India issued this Master Circular to consolidate all applicable regulations for Portfolio Managers into a single document, superseding the previous version dated March 20, 2023. It establishes comprehensive requirements covering registration procedures, operational guidelines, investment limits, disclosure standards, and periodic reporting obligations. The circular also rescinds specific prior circulars while ensuring that actions taken under them remain legally valid and unaffected.
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