<h1>SEBI Amends 2013 Regulations: New Rules for Investment Advisers to Prevent Conflicts and Enhance Transparency.</h1> The Securities and Exchange Board of India (SEBI) has amended the SEBI (Investment Advisers) Regulations, 2013 to enhance the regulatory framework for investment advisers. Key changes include the segregation of advisory and distribution activities to prevent conflicts of interest, allowing investment advisers to offer implementation services without direct or indirect compensation, and mandating agreements between advisers and clients for transparency. The amendments also introduce enhanced eligibility criteria for advisers, including increased net worth requirements and qualifications. These changes, approved after public consultation, will take effect 90 days after their publication in the Official Gazette.