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    <title>SEBI consolidates &amp; supersedes circulars for Investment Advisers until May 2024, safeguarding past actions.</title>
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    <description>This Master Circular consolidates and supersedes previous circulars issued by SEBI to Investment Advisers (IAs) until May 15, 2024. It rescinds the directions/instructions contained in earlier circulars listed in the Appendix, while safeguarding past actions, applications, rights, obligations, and proceedings under the rescinded circulars. The circular is issued under SEBI&#039;s powers to protect investor interests and regulate securities markets. It is available on SEBI&#039;s website under relevant categories.</description>
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