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          <h1>SEBI empowered to act on inspection findings under Regulation 63; measures may include actions from Chapter V, Intermediaries Regulations.</h1> The Securities and Exchange Board of India (SEBI) has the authority to take appropriate actions based on inspection or investigation reports under Regulation 63 of the SEBI (Depositories and Participants) Regulations, 1996. The Board or its Chairman can decide on suitable measures, which may include actions outlined in Chapter V of the SEBI (Intermediaries) Regulations, 2008. This provision has undergone amendments, including changes in 1997 and 2002, with the most recent substitution occurring in 2008 to align with the updated regulatory framework for intermediaries.

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