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          <h1>Regulation 9 on Portfolio Manager Certificate Renewal Omitted in 2016; Previously Allowed Renewal Application 3 Months Before Expiry.</h1> Regulation 9 of the Securities and Exchange Board of India (Portfolio Managers) Regulations, 1993, which addressed the renewal of portfolio manager certificates, was omitted in 2016. Previously, it allowed portfolio managers to apply for renewal three months before certificate expiry, requiring submission of Form A and specified fees. The application process mirrored that for initial certification under regulation 3. Upon satisfying the requirements of regulation 6, the Board would grant renewal upon payment of fees. Amendments in 2006 had modified fee specifications and sub-regulation procedures.

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