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<h1>SEBI Amends Rules: Chairman and Members Cannot Serve Beyond Age 65 Under New Regulations.</h1> The Securities and Exchange Board of India (SEBI) has amended the rules regarding the terms and conditions of service for its Chairman and Members. Effective from its publication date, the amendment stipulates that no individual may serve as Chairman or Member of SEBI beyond the age of sixty-five. This change modifies the existing rules established in 1992, which were previously amended in 1994. The amendment was issued by the Ministry of Finance, Department of Economic Affairs, under the authority granted by the Securities and Exchange Board of India Act, 1992.