TaxTMI 
TaxTMI 
TaxTMI 
Certification Programme for sale and/ or distribution of mutual fund products
X X X X Extracts X X X X
X X X X Extracts X X X X
....002, April 03, 2003 and February 04, 2004 about, inter alia, the captioned subject, agents/ distributors of mutual fund units were required to obtain certification from the Association of Mutual Funds in India (AMFI) by passing a certification examination, and to obtain registration with AMFI. 2. In terms of SEBI notification No. LAD-NRO/GN/2010-11/09/6422 dated May 31, 2010, under regulation 3 (....
X X X X Extracts X X X X
X X X X Extracts X X X X
....s or who have at least ten years experience in the securities markets in the sale and/ or distribution of mutual fund products as on May 31, 2010, will be given the option of obtaining the certification either by passing the NISM certification examination or qualifying for Continuing Professional Education (CPE) by obtaining such classroom credits as may be specified by NISM from time to time. 4.....
X X X X Extracts X X X X
X X X X Extracts X X X X
....he relevant clauses of the Certification Regulations, prior to the expiry of the validity of the certification. 6. The SEBI Circulars mentioned in Para 1 stand modified to the above extent. 7. The requirement of obtaining registration from AMFI after obtaining certification, as per the Circular dated November 28, 2002, would continue. 8. This Circular is being issued in exercise of powers confe....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ns, 2007. In terms of sub-regulation (1) of regulation 3 of the Securities and Exchange Board of India (Certification of Associated Persons in the Securities Markets) Regulations, 2007 (the Regulations), the Board is empowered to require, by notification, any category of associated persons as defined in the Regulations to obtain requisite certification. Accordingly, it is notified that with effe....