Penalty framework for regulated funds and advisers: statutory minimums, per day continuation fines and capped maxima for noncompliance. Insertion of two sections creates a penalty framework: section 15EA makes persons dealing with alternative investment funds, infrastructure investment trusts and real estate investment trusts liable to monetary penalties for noncompliance with Board regulations or directions, featuring a minimum, a per day continuation component and a statutory ceiling which may be calculated as a fixed maximum or as a multiple of gains from the failure; section 15EB makes investment advisers and research analysts liable to monetary penalties for similar defaults, with a minimum, per day continuation component and a statutory maximum.