https://www.taxtmi.com/news?id=22160 SEBI issued the SEBI (Portfolio Managers) Regulations, 2019 strengthening personnel eligibility, clarifying the Principal Officer role, mandating additional qualified staff and custodians (except for pure advisers), raising net worth and minimum client investment thresholds, limiting discretionary investments to listed and specified instruments, and capping unlisted exposure for non discretionary/advisory managers. The Board also approved shorter rights issue timelines with dematerialized, tradable rights entitlements and mandatory ASBA, extended Business Responsibility Reporting to the top one thousand listed entities, and required prompt disclosure of loan repayment defaults continuing beyond thirty days. en-us Thu, 21 Nov 2019 14:19:17 +0530 Thu, 21 Nov 2019 14:19:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22160 SEBI issued the SEBI (Portfolio Managers) Regulations, 2019 strengthening personnel eligibility, clarifying the Principal Officer role, mandating additional qualified staff and custodians (except for pure advisers), raising net worth and minimum client investment thresholds, limiting discretionary investments to listed and specified instruments, and capping unlisted exposure for non discretionary/advisory managers. The Board also approved shorter rights issue timelines with dematerialized, tradable rights entitlements and mandatory ASBA, extended Business Responsibility Reporting to the top one thousand listed entities, and required prompt disclosure of loan repayment defaults continuing beyond thirty days. News - Thu, 21 Nov 2019 14:19:17 +0530 https://www.taxtmi.com/news?id=22160