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of <h1>SEBI Amends Regulations: Intermediaries Barred from Unregistered Advice and Unauthorized Claims; New Chapter IIIA Introduced.</h1> The Securities and Exchange Board of India (SEBI) has issued the Intermediaries (Amendment) Regulations, 2024, effective upon publication in the Official Gazette. A new Chapter IIIA is introduced, prohibiting regulated entities and their agents from associating with individuals who provide unregistered advice or make unauthorized claims regarding securities. Exceptions are made for associations through specified digital platforms. Violations of these regulations may lead to actions deemed appropriate by SEBI. The amendment aims to ensure compliance and integrity within the securities market by regulating associations and activities of intermediaries.
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