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<h1>Regulation 31 once suspended portfolio managers for non-compliance, misconduct, and other violations under SEBI guidelines.</h1> Regulation 31 of the Securities and Exchange Board of India (Portfolio Managers) Regulations, 1993, which was omitted in 2002, outlined the suspension of registration for portfolio managers. Suspension could be imposed for violations such as failing to provide required information, submitting false information, not cooperating with inquiries, failing to resolve investor complaints, engaging in price manipulation, misconduct, not maintaining capital adequacy, not paying fees, violating registration conditions, or not fulfilling regulatory obligations. These provisions were intended to ensure compliance and integrity in the conduct of portfolio managers.