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Mumbai, July 16 As part of its project on rewriting regulations and compressing the various circulars into master circulars, SEBI has published a consultative and a draft regulation paper for SEBI Intermediaries on its Web site and is inviting public comment on the same. This is an initiative undertaken by SEBI to facilitate the transition from the current framework to a regulatory regime which is simpler, more efficient, transparent and alive to current market needs. Sebi is also inviting suggestions on simplifying the language of the regulation.

The public comments should reach SEBI on or before August 12.

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