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of <h1>SEBI's Second Amendment to Investment Advisers Regulations 2021: New Professional Qualification Requirements for Investment Advisers.</h1> The Securities and Exchange Board of India (SEBI) issued the Second Amendment to the Investment Advisers Regulations, 2021, effective upon publication in the Official Gazette. This amendment modifies clause (a) of sub-regulation (1) of regulation 7 in the 2013 regulations. It specifies that investment advisers must possess a professional qualification, post-graduate degree, or diploma in relevant fields such as finance, business management, or a CFA Charter from the CFA Institute. The qualifications must be from recognized institutions. This amendment follows previous modifications made in 2014, 2016, 2020, and earlier in 2021.
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