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    <title>Securities and Exchange Board of India (Portfolio Managers) (Amendment) Regulations, 2012.</title>
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    <description>The amendment raises the minimum investment requirement per client and limits its application to new clients and fresh investments by existing clients while allowing existing investments to continue until maturity. It adds unlisted securities to permitted holdings and mandates segregation of each client&#039;s unlisted securities holdings into separate accounts for new and fresh investments, with existing unlisted investments grandfathered until maturity. The model disclosure is altered to require the name and signature of at least two directors of the portfolio manager.</description>
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      <description>The amendment raises the minimum investment requirement per client and limits its application to new clients and fresh investments by existing clients while allowing existing investments to continue until maturity. It adds unlisted securities to permitted holdings and mandates segregation of each client&#039;s unlisted securities holdings into separate accounts for new and fresh investments, with existing unlisted investments grandfathered until maturity. The model disclosure is altered to require the name and signature of at least two directors of the portfolio manager.</description>
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