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of <h1>SROs Must Submit Intermediary Registration Applications to SEBI with Recommendations Within 30 Days Under Regulation 13, 2004.</h1> Regulation 13 of the Securities and Exchange Board of India (Self Regulatory Organisations) Regulations, 2004, mandates that any application for registration or renewal as an intermediary with the Board must be submitted through the relevant Self Regulatory Organization (SRO) if the applicant is or should be a member. The SRO must forward the application to the Board with a recommendation for approval or denial within 30 days, providing reasons for their recommendation regarding the issuance or refusal of the registration certificate.
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