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<h1>SEBI Regulation 16: Appointed Officer Conducts Enquiry, Issues Orders Based on Intermediary's Response or Available Material.</h1> Regulation 16 of the SEBI regulations outlines the procedure for holding an enquiry by an appointed officer, not below the rank of Assistant General Manager or Assistant Legal Adviser, to provide recommendations on matters specified in regulation 15. The officer issues a notice to the intermediary involved, requiring a written submission within a specified timeframe. If the intermediary fails to respond, the officer may pass orders based on available material and submit a report with recommendations. The Chairman or member reviews the report and issues appropriate orders, which may be common for multiple intermediaries if the issues are similar.