SEBI Updates Certification Requirements for Investment Advisers: New NISM Series X-A, X-B, and X-C Mandatory for Compliance.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....SEBI notifies that individual investment advisers, principal officers of non-individual investment advisers, associated persons providing investment advice, and partners of investment adviser firms engaged in providing investment advice shall obtain NISM certifications - Series X-A (Level 1), Series X-B (Level 2) for fresh certifications, and Series X-C (Renewal) for renewals before expiry of existing certifications. The notification rescinds previous notifications on the subject while preserving past actions. It comes into force on the date of publication in the Official Gazette.....