https://www.taxtmi.com/circulars?id=65905 Portfolio managers must segregate client funds and securities, not hold client securities in the manager's name, adopt board approved written policies detailing roles, order placement, trade allocation and permissible deviations, constitute controlled dealing teams with recorded communications and audit trails, and, if AUM is INR 1000 crores or more, implement automated systems capturing pre order and final allocations and any deviations. en-us Fri, 30 Sep 2022 00:00:00 +0530 Tue, 03 Feb 2026 14:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=65905 Portfolio managers must segregate client funds and securities, not hold client securities in the manager's name, adopt board approved written policies detailing roles, order placement, trade allocation and permissible deviations, constitute controlled dealing teams with recorded communications and audit trails, and, if AUM is INR 1000 crores or more, implement automated systems capturing pre order and final allocations and any deviations. Circulars SEBI Fri, 30 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65905