A. Regulation

Date Reference Subject File Link
3 July 2020 SEBI/LAD-NRO/GN/2020/22 SECURITIES AND EXCHANGE BOARD OF INDIA (INVESTMENT ADVISERS) (AMENDMENT) REGULATIONS, 2020 View
20 January 2021 SEBI/LAD-NRO/GN/2021/06 SECURITIES AND EXCHANGE BOARD OF INDIA (INVESTMENT ADVISERS) REGULATIONS, 2013 View
16 March 2021 SEBI/LAD-NRO/GN/2021/11 SECURITIES AND EXCHANGE BOARD OF INDIA (INVESTMENT ADVISERS) (SECOND AMENDMENT) REGULATIONS, 2021 View
03 August 2021 SEBI/LAD-NRO/GN/2021/34 SECURITIES AND EXCHANGE BOARD OF INDIA (INVESTMENT ADVISERS) (THIRD AMENDMENT) REGULATIONS, 2021 View

B. Circulars

Date Reference Subject File Link
19 October 2016 SEBI/HO/MRD/DSA/CIR/P/2016/113 Facilitating transaction in Mutual Fund schemes through the Stock Exchange Infrastructure View
27 December 2019 SEBI/HO/IMD/DF1/CIR/P/2019/169 Measures to strengthen the conduct of Investment Advisers (IA) View
09 January 2020 SEBI/HO/IMD/DF1/CIR/P/2020/04 Operating Guidelines for Investment Advisers in International Financial Services Centre. View
28 February 2020 SEBI/HO/IMD/DF1/CIR/P/2020/31 Operating Guidelines for Investment Advisers in International Financial Services Centre (IFSC) – Clarifications View
6th August 2020 SEBI/HO/IMD/DF1/CIR/P/2020/148 Administration and Supervision of Investment Advisers View
23 September 2020 SEBI/HO/IMD/DF1/CIR/P/2020/182 Guidelines for Investment Advisers View
18 June 2021 SEBI/HO/IMD/IMD-I/DOF1/P/CIR/2021/579 Framework for administration and supervision of Investment Advisers under the SEBI (Investment Advisers) Regulations, 2013 View
10 August 2021 SEBI/HO/DDHS/P/CIR/2021/613 Operational Circular for issue and listing of Non-convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Papers. View
30 September 2021 SEBI/HO/IMD/IMD-I/DOF1/P/CIR/2021/632 Guidelines for Investment Advisers’ – Extension of timelines View
13 December 2021 SEBI/HO/IMD/IMD-II CIS/P/CIR/2 Publishing Investor Charter and disclosure of Investor Complaints by Investment Advisers on their websites/mobile applications View

C. FAQs

Date Reference Subject File Link
25 February 2015 FAQ dated Feb 25, 2015 FAQ dated Feb 25, 2015 View
2018 November Dos and Dont dated Nov, 2018 Dos and Dont dated Nov, 2018 View

D. Consultation Paper

Date Reference Subject File Link
Sepember 2011 IA_Concept Paper dated September 2011 CONCEPT PAPER ON REGULATION OF INVESTMENT ADVISORS View
October 2016 IA_Consulation Paper dated October 2016 Consultation Paper on Amendments/Clarifications to the SEBI (Investment Advisers) Regulations, 2013 View
June 2017 IA_Consultation Paper dated June 2017 Consultation Paper on Amendments/Clarifications to the SEBI (Investment Advisers) Regulations, 2013 View
1 January 2018 IA_Consultation paper dated January 2018 Amendments to the SEBI (Investment Advisers) Regulations, 2013 View
January 2020 IA_Consultation Paper dated January 2020 Consultation paper on Review of Regulatory Framework for Investment Advisers (IA) View
March 2020 IA_Consultation paper dated March 2020 SEBI (Investment Advisers) Regulations, 2013 View

E. Informal Guidance

Date Reference Subject File Link
May 2015 IMD/ DOF-1/ 1A/DJ/OW/12817/2015 Request for informal guidance by way of interpretive letter under SEBI (Informal Guidance Scheme), 2003 in connection with SEBI (Investment Advisers) Regulations, 2013 View
22 December 2016 IMD/DOF-1/1A/34556/ 2016 Interpretive letter under the SEBI (Informal Guidance) Scheme, 2003 by Market Magnify Investment Adviser and Research Private Ltd. (MarketMagnify). View
June 2017 IMD/ DOF-1/1A/ 14 508 / 2017 Interpretive letter under the SEBI (Informal Guidance) Scheme, 2003 by FRR Shares & Securities Ltd. (FRR). View
December 2017 IMD/ DOF-1/1A/30267 / 2017 Interpretive letter under the SEBI (Informal Guidance) Scheme, 2003 by Capstocks and Securities (India) Private Limited (“Capstocks”). View
8 January 2021 SEBI/HO/IMD/DF1/OW/P/2021/0000000694/1 Interpretative letter under SEBI (Informal Guidance) Scheme, 2003 in connection with HDFC Securities Limited View
5 February 2021 SEBI/HO/IMD/DF1/OW/P/2021/3186/1 Interpretative letter under SEBI (Informal Guidance) Scheme, 2003 in connection with Sundaram Alternate Assets Limited View
30 March 2021 SEBI/HO/IMD/DF1/OW/P/2021/000007504/1 Interpretative letter under SEBI (Informal Guidance) Scheme, 2003 in connection with Waterfield Financial and Investment Advisors Private Limited View
09 April 2021 SEBI/HO/IMD/DF1/OW/P/2021/000008745/1 Interpretative letter under SEBI (Informal Guidance) Scheme, 2003 in connection with Paytm Money Limited (PML) View
11 May 2021 SEBI/HO/IMD/DF1/OW/P/2021/0000010174/1 Interpretative letter under SEBI (Informal Guidance) Scheme, 2003 in connection with Jade Capital Markets Pvt. Ltd. View
20 May 2021 SEBI/HO/IMD1/OW/2021/10555/1 Request for interpretative letter under the Securities and Exchange Board of India (Informal Guidance) Scheme,2003 in connection with the Securities and Exchange Board of India (Portfolio Managers) Regulations, 2020 by Purnartha Investment Advisers Pvt. Ltd. (PIAPL) View
21 June 2021 SEBI/HO/IMD/IMD1/DF1/P/OW/2021/13006 Interpretative letter under SEBI (Informal Guidance) Scheme, 2003 in connection with the Securities and Exchange Board of India (Investment Advisers) Regulations, 2013 View
05 August 2021 SEBI/HI/IMD1/DOFI/OW/P/2021/17965 Interpretative letter under SEBI (Informal Guidance) Scheme, 2003 in connection with the Securities and Exchange Board of India (Investment Advisers) Regulations, 2013 View
12 November 2021 SEBI/HO/IMD/DF1/OW/P/2021/32411/1 Interpretative letter under SEBI (Informal Guidance) Scheme, 2003 in connection with the Securities and Exchange Board of India (Investment Advisers) Regulations, 2013 by SV Capital (SVC) View
20 May,2022 SEBI/HO/IMD/DF1/OWP/2022/21437/1 Request for Interpretative letter under the securities and Exchange Board of India (Informal Guidance) scheme, 2003 in connection with the Securities and Exchange Board of India ( Investment Advisers) Regulations,2013 by Guardian Capital Investment Advisors Private Limited. View