NISM Series III A: Securities Intermediaries Compliance Certification Examination

Who Should Prepare NISM 3A Securities Intermediaries Compliance Certification Examination?

This NISM Certification mostly covers concepts related to Compliance of Intermediaries . After preparing for NISM Series III A, you will learn about the basics of Interest Rate Derivatives and Return and Risk Measures for Debt Securities and Contract Specification for Interest Rate Derivatives. Anyone who is working or have interest in derivative market can prepare for this NISM Module.

Study Material For NISM Series III A:

You can buy Nism 3A workbook from Amazon or you can download Ebook of NISM 3A from here free of cost.

We have also provided Free Mock test for Nism Series III A in this website. Our Nism Mock test discuss all the relevant concepts of this Certification in detail and provide accurate explanation for every question.

LIST OF CHAPTERS IN NISM Series 3A :

Unit NAME OF UNITS DIFFICULTY LEVEL
1Introduction to the Financial SystemEasy
2Regulatory Framework – General ViewMedium
3Introduction to ComplianceMedium
4Securities and Exchange Board of India Act, 1992Medium
5Securities Contracts (Regulation) Act, 1956Tough
6SEBI (Intermediaries) Regulations, 2008Medium
7SEBI (Prohibition of Insider Trading) Regulations, 1992Medium
8SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to securities
Market) Regulations, 2003
Medium
9Prevention of Money Laundering Act 2002Medium
10SEBI (KYC Registration Agency) Regulations, 2011Medium
11SEBI (Stock Brokers and Sub Brokers) Regulations, 1992Medium
12SEBI (Merchant Bankers) Regulations 1992Medium
13SEBI (Issueof Capital and Disclosure Requirements) Regulations 2009Medium
14Depositories Act 1996Medium
15SEBI (Depositories and Participants) Regulations 1996Medium
16SEBI (Bankers to an Issue) Regulations 1994Medium
17SEBI (Underwriters) Regulations, 1993Medium
18SEBI (Debenture Trustees) Regulations, 1993Medium
19SEBI (Credit Rating Agencies) Regulations, 1999Medium
20SEBI (Custodian of Securities) Regulations, 1996Medium
You can register for NISM in their official website

NISM Series 3A Summary of all Units:

These are the most important concepts in this NISM Module: Financial Securities, Inspection and Disciplinary Proceedings, Highlights of PMLA, 2002;  SEBI (Alternate Investment Funds) Regulation, 2012; Allocation of Responsibilities, Role as Advisors; Enquiry and Inspection and Capital Adequacy Requirements.

NISM Securities Intermediaries Compliance Mock Test (Play And Earn):

Results

    Click here to Start : Part 10 of Premium NISM Mock Test of NISM V A  

 

 

Click here to Start : Part 10 of Premium NISM Mock Test of NISM V A

 

#1. An investors invest Rs. 1 crore in Sector fund. what would be the applicable NAV for allotments of units? If application is time stamped at 1:30 pm and funds available with mutual funds at 2 pm.

#2. An investors invest Rs. 1.4 crore in Liquid fund. what would be the applicable NAV for allotments of units? If application is time stamped at 1:30 pm and funds available with mutual funds at 3:30 pm.

#3. Rohan invest Rs. 1.5 crore in Liquid fund. what would be the applicable NAV for allotments of units? If application is time stamped at 1:30 pm and funds available with mutual funds at 3 pm.

#4. Shruti mohan invest Rs. 1.5 crore in Liquid fund. what would be the applicable NAV for allotments of units? If application is time stamped at 3 pm and funds available with mutual funds at 3:30 pm.

#5. SEBI's Advertising code are created for R&T Agents

SEBI’s Advertising code provisions are for Mutual funds.

#6. Who settles all the transactions on the behalf of Mutual Fund schemes?

As shares are in the custody of Custodian,

settlement of all the transactions on the behalf of Mutual Fund scheme is done by Custodian

#7. For the purchase and sale transactions of the various schemes of the mutual fund

#8. Interval fund has features of

Interval fund is combination of both open ended schemes and close ended schemes.

As in Interval fund most of the time it is close ended fund but in certain intervals it becomes open ended so that people can withdraw money.

#9. All transactions of purchase and sale of shares by Fund manager shall be disclosed to

To prevent front running and insider trading,

SEBI prescribed Compliance officer to get information from key personnel of schemes about the shares they buy and sold.

It is compulsory for key personnel(Fund Manager) to shares these information with compliance officer on half yearly basis.

The compliance officer verify these information if he saw any problem in it then he issued show cause notice.

#10. Shares held in physical form can be considered as physical asset

Shares both in physical and demat form can’t be considered as physical asset.

This is the advantage of investing in shares rather than  buying physical Gold.

As gold is physical asset it can get stolen.

But if share certificate is stolen then u can get it back from R&T Agent’s office.

#11. Investor reaches their peak of earning capacity at which phase

Obviously, Investor reach the highest earning capacity in pre-retirement stage.

 

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Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges.

As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Past performance of securities/instruments is not indicative of their future performance. This post is only for Educational purpose.

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