Securities and Exchange Board of India (Portfolio Managers) (Amendment) Regulations, 2000. - S.O. No.146(E) - SEBI/LE/3221/2000

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<h1>SEBI Amends Portfolio Managers Regulations to Allow Management of Overseas Funds Under New Regulation 16A.</h1> The Securities and Exchange Board of India (SEBI) issued an amendment to the Portfolio Managers Regulations, 1993, effective upon publication in the Official Gazette. This amendment, titled the Securities and Exchange Board of India (Portfolio Managers) (Amendment) Regulations, 2000, introduces Regulation 16A. This new regulation allows portfolio managers to manage funds sourced from outside India in compliance with the Securities and Exchange Board of India (Foreign Institutional Investors) Regulations, 1995. The amendment was enacted under the authority of Section 30 of the SEBI Act, 1992.

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