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of <h1>Amendment to Section 11 of SEBI Act enhances investigative powers, mandates disgorged funds to Investor Protection Fund.</h1> Section 11 of the Securities and Exchange Board of India Act, 1992, is amended to enhance the Board's investigative powers. Sub-section (2) is revised to allow the Board to request information from any person or entity relevant to securities investigations. A new clause permits the exchange of information with similar authorities globally, subject to legal provisions and Central Government approval. Additionally, a new sub-section mandates that disgorged amounts be credited to the Investor Protection and Education Fund, to be used per Board regulations. These changes aim to strengthen regulatory oversight and investor protection.
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