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of <h1>SEBI Amends Portfolio Managers Regulations: New Fees and Form A Application Required for Registration.</h1> The Securities and Exchange Board of India (SEBI) issued amendments to the Portfolio Managers Regulations, 1993, effective upon publication in the Official Gazette. Key changes include the requirement for portfolio managers to submit an application in Form A with a non-refundable fee as specified in Schedule II. The amendment introduces a registration fee of Rs. 5 lakhs, in addition to an application fee of Rs. 25,000. These adjustments aim to streamline the certification process for portfolio managers. The principal regulations have undergone several amendments since their initial issuance in 1993.
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