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<h1>SEBI Updates Certification Rules for Authorized Persons, Aligns with Stock Brokers; Immediate Effect to Protect Investors.</h1> The Securities and Exchange Board of India (SEBI) has revised the certification requirements for Authorized Persons, aligning them with those for stock brokers and sub-brokers. This change follows feedback from stock exchanges and market participants. The previous framework, outlined in a November 2009 circular, has been amended by deleting sub-clause (f) of clause 4.1 and introducing a new clause 4.4, mandating that approved users and sales personnel of Authorized Persons maintain necessary certifications for their segments. Stock exchanges must update their regulations accordingly. This circular is effective immediately, aiming to protect investor interests and regulate the securities market.