SEBI Mandated Certifications & NISM Regulatory Courses: Full Compliance Guide
Every intermediary operating in Indian capital markets must hold specific SEBI-mandated certifications. Review the mandatory regulatory licenses by role and test your understanding of SEBI regulations.
Quick Facts & Exam At-A-Glance
Overview & Context
When market participants search for 'SEBI courses' or 'SEBI certifications', they are looking for the mandatory regulatory certification examinations that SEBI prescribes under various intermediary regulations, which are designed and administered exclusively by NISM.
Matrix of SEBI-Mandated Certifications by Intermediary Role
| Market Activity / Role | Governing SEBI Regulation | Mandatory NISM Certification |
|---|---|---|
| Mutual Fund Distribution | SEBI (Mutual Funds) Regulations, 1996 | NISM Series V-A: Mutual Fund Distributors |
| Equity Derivatives Trading / Dealing | SEBI (Stock Brokers) Regulations, 1992 | NISM Series VIII: Equity Derivatives |
| Equity Research & Stock Recommendations | SEBI (Research Analysts) Regulations, 2014 | NISM Series XV: Research Analyst |
| Personalized Investment Advice | SEBI (Investment Advisers) Regulations, 2013 | NISM Series X-A & X-B: IA Level 1 & 2 |
| Portfolio Management Services (PMS) | SEBI (Portfolio Managers) Regulations, 2020 | NISM Series XXI-A / XXI-B: PMS Distributors/Managers |
| Depository Operations (CDSL/NSDL) | SEBI (Depositories & Participants) Reg., 2018 | NISM Series VI: Depository Operations |
| Back Office Operations & Risk Management | SEBI Circular MIRSD/Cir-06/2010 | NISM Series VII: Securities Operations (SORM) |
Practice Test: SEBI Mandated Certifications & NISM Regulatory Courses
Test your comprehension right now with high-yield multiple-choice questions. Select an answer to see instant explanations.
In what year was the Securities and Exchange Board of India (SEBI) established as a statutory body under the SEBI Act passed by the Indian Parliament?
Which of the following is NOT a core objective of SEBI as enshrined in the Preamble to the SEBI Act, 1992?
Frequently Asked Questions (FAQ)
Direct answers to the most common queries searched on Google.