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of <h1>SEBI Regulations, 2004: SROs Must Submit Returns, Maintain Documents for Inspection to Ensure Transparency and Accountability.</h1> The Securities and Exchange Board of India (SEBI) Regulations, 2004, empower the Board to require Self Regulatory Organizations (SROs) to submit periodic returns and maintain relevant documents for specified periods. These documents are subject to inspection by the Board. SEBI can order inquiries into the affairs of SROs or their members if it serves the trade or public interest. During such inquiries, individuals and entities associated with the SRO must provide requested documents and information. This includes directors, officers, and any business associates, ensuring transparency and accountability within the regulatory framework.
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