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of <h1>SEBI Requires Mutual Funds to Obtain Unique Client Code for All Schemes by February 6, 2004, per Regulation 77.</h1> The circular from SEBI mandates that all mutual funds registered with SEBI must obtain a Unique Client Code (UCC) for each of their existing and new schemes or plans from either BSE or NSE by specified deadlines. Mutual funds must report compliance to SEBI via letter and email by February 6, 2004. The UCC is crucial for operating in the securities market and must be kept confidential, shared only with the member broker facilitating trades. This directive aligns with Regulation 77 of the SEBI (Mutual Funds) Regulations, 1996.
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