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<h1>SEBI Amends 2001 Regulations: No Interviews for Full-Time Employee Recruitment, Except Officers; Removes Panel Member Requirement.</h1> The Securities and Exchange Board of India (SEBI) issued the Securities and Exchange Board of India (Employees' Service) (Second Amendment) Regulations, 2016, effective upon publication in the Official Gazette. This amendment modifies the 2001 regulations by stipulating that interviews or group discussions will not be conducted for recruiting full-time employees, except officers. Additionally, recruitment through direct examination is emphasized, and the requirement for a minimum of three members, including two internal and one external, is removed. These amendments are part of a series of updates to the original 2001 regulations.