[nilesh]

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Can you provide me the details of the SEBI or Securities and Exchange Board of India (Portfolio Managers) (Amendment) Regulations, 2016?

[prince karak]

The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. It was established in 1988 and given statutory powers on 30 January 1992 through the SEBI Act, 1992.

The Preamble of the Securities and Exchange Board of India describes the basic functions of the SEBI as "...to protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected there with or incidental there to".

The details of the SEBI or Securities and Exchange Board of India (Portfolio Managers) (Amendment) Regulations, 2016 are as follows: