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<h1>SEBI Amends Investment Advisers Reg 2013: New Deposit Rules Under Regulation 8 for Dispute Resolution</h1> The Securities and Exchange Board of India has amended the Investment Advisers Regulations, 2013, effective from the date of publication. The amendment revises Regulation 8, substituting sub-regulation (2) to specify that the deposit must be maintained in a form or manner as directed by the Board. Additionally, a new sub-regulation (3) mandates that the deposit be marked as a lien in favor of a body or corporate recognized by the Board for administration and supervision of investment advisers. This deposit is available to cover dues arising from arbitration and conciliation proceedings under the Online Dispute Resolution Mechanism or other Board-specified mechanisms if the investment adviser fails to pay. The amendment aims to enhance regulatory oversight and dispute resolution related to investment advisers.