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<h1>SEBI Authorized to Issue Clarifications for Alternative Investment Funds Regulations, 2012 to Ensure Compliance and Clear Understanding.</h1> The Securities and Exchange Board of India (SEBI) is authorized to issue clarifications and guidelines to address any difficulties in applying or interpreting the Alternative Investment Funds Regulations, 2012. This can be done through circulars or separate guidelines for each category of Alternative Investment Funds, ensuring clear understanding and compliance with the regulations.