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<h1>Amendment to Section 23 Empowers SEBI Officers to Impose Monetary Penalties Enhancing Market Regulation and Compliance.</h1> Clause 145 of the Finance Bill, 2018 proposes an amendment to section 23 of the Securities Contracts (Regulation) Act, 1956. This amendment allows the inclusion of the Securities and Exchange Board of India (SEBI) alongside the Adjudicating Officer, empowering SEBI or its officers, at least at the rank of Division Chief, to impose monetary penalties. This change is intended to enhance SEBI's authority in enforcing compliance and regulating securities markets effectively.