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<h1>SEBI Amends Regulation 76: Includes Cost Accountants for Regulatory Roles in Depositories and Participants Framework 2021.</h1> The Securities and Exchange Board of India (SEBI) issued the Second Amendment Regulations, 2021, under the Depositories and Participants framework. Effective upon publication in the Official Gazette, these amendments modify the 2018 regulations. Specifically, Regulation 76 now includes 'or a practicing Cost Accountant' alongside 'practicing Company Secretary' for certain regulatory purposes. This amendment follows several prior updates to the 2018 regulations, reflecting SEBI's ongoing regulatory adjustments to enhance the governance of depositories and participants in the securities market.