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Securities and Exchange Board of India (Intermediaries) (Second Amendment) Regulations, 2025

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....O/GN/2025/237.-In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to further amend the Securities and Exchange Board of India (Intermediaries) Regulations, 2008, namely: - 1. These regulations may be called the Securities and Exchange Board of India (Intermediaries) (Second Amendm....

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....ange for providing the facility of algorithmic trading services, in the manner specified by the recognised stock exchange. Verification of risk-return metrics 16E (1). The persons referred to in Regulation 16D shall be permitted to make claim of returns or performance in the form of risk and return metrics, which have been verified by a credit rating agency recognized by the Board to carry out....

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....ntly amended on: - a) August 11, 2008 by the Securities and Exchange Board of India (Stock Brokers and Sub-Brokers) (Amendment) Regulations, 2008, vide notification No. LAD-NRO/GN/2008/20/134766. b) July 14, 2009 by the Securities and Exchange Board of India (Intermediaries) (Amendment) Regulations, 2009, vide notification no. LAD-NRO/GN/2009-10/12/169546. c) January 7, 2014 by the Securitie....

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.... 2021, by the Securities and Exchange Board of India (Intermediaries) (Second Amendment) Regulations, 2021,vide notification no. SEBI/LAD-NRO/GN/2021/20. i) August 3, 2021, by the Securities and Exchange Board of India (Regulatory Sandbox) (Amendment) Regulations, 2021, vide notification no. SEBI/LAD-NRO/GN/2021/30. j) November 17, 2021,by the Securities and Exchange Board of India (Intermedia....