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of <h1>SEBI Circular: Investor Associations Must Follow Code of Conduct, Ensure Compliance, and Protect Investor Interests.</h1> The circular issued by SEBI mandates that all recognized Investor Associations (IAs) adhere to a specified code of conduct. This includes annual compliance submissions and adherence to SEBI guidelines. Key objectives for IAs include educating investors, creating awareness, and protecting investor interests. IAs must maintain honesty, integrity, and fairness, ensure competent staffing, and maintain adequate infrastructure. They are required to stay updated on regulatory changes, maintain impartiality, and ensure proper record-keeping. IAs must not misrepresent facts, promote any issuer, or allow individuals with adverse orders to hold positions. Cooperation with SEBI and other associations is emphasized.
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