Circular for Portfolio Managers

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....006 pertaining to SEBI ( Portfolio Managers ) (Amendment) Regulations 2006 for your information and implementation. Yours faithfully, R K NAIR Encl : a/a THE GAZETTE OF INDIA EXTRAORDINARY PART -II - SECTION 3 - SUB SECTION (ii) PUBLISHED BY AUTHORITY SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 5th July, 2006 SECURITIES AND EXCHANGE BOARD OF IND....

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....ipal officer' means an employee of the portfolio manager who has been designated as such by the portfolio manager;" (ii) in regulation 6, in sub-regulation (2), clause (c) shall be substituted with the following, namely:  "(c) the principal officer of the applicant has either - (i)  a professional qualification in finance, law, accountancy or business managemen....

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....rely advisory functions." F.No. SEBI\LAD\DOP\ 70276 \2006 M. DAMODARAN CHAIRMAN SECURITIES AND EXCHANGE BOARD OF INDIA Footnotes: 1.  The principal regulations, SEBI (Portfolio Managers) Regulations, 1993 were issued under S.O. No. SEBI/LE/93/III dated January 7, 1993 published in the Gazette of India, Part II, Section 3(ii) dated January 7, 1993. 2.  The Securities ....

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....urities Appellate Tribunal) (Amendment) Regulations, 2000 published in the Official Gazette vide S.O no. 278(E). 7 May 29, 2001 by SEBI (Investment Advice by Intermediaries) (Amendment) Regulations, 2001 vide S.O no. 476 (E). 8 September 27, 2002 by SEBI (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002 vide S.O. No. 1045 (E). 9 October 11, 2002 by ....