SEBI vide notification dated November 07, 2024 has issued an advisory on communication with SEBI Officials. It is clarified that the departments of SEBI receive varied forms of communication from registered intermediaries/ regulated entities seeking clarification on the implementation of specific operational measures and/or policy interpretation on issues related to the securities markets that is forwarded to SEBI.
Occasionally such communication is in the form of a summation of the discussions/ minutes of the meetings held with SEBI Official(s)or their understanding of the interpretation on a specific issue related to the securities markets. Such communication shall not be construed as receipt of approval from SEBI or a clarification or consideration on any matter including any policy interpretation or clarification on operational matters related to the securities markets, unless the same is specifically communicated by SEBI.
All registered intermediaries/regulated entities are advised to implement measures requiring approval/clarification from SEBI only upon receipt of explicit written approval or written clarification or communication from SEBI.
