The urities and Exchange Board of India (SEBI) is set to tweak a number of existing regulations to bring them in line with the new Foreign Portfolio Investors (FPI) regime . Sebi in its board meeting today made decisions regarding changes in regulations and disclosed about it on their website.According to Sebi there are at least five sets of regulations which will require changes to reflect the changeover from the Foreign Institutional Investor or FII framework to the FPI.