Further to NISM/Certification/CPE General/2011/1 dated December 21, 2011 and NISM/Certification/ CPE General/2011/2 dated January 23, 2012, in exercise of the powers conferred by sub-regulation (1) of Regulation (9) of SEBI (Certification of Associated Persons in Securities Markets) Regulations, 2007, pursuant to Continuing Professional Education (CPE) requirements for all approved users and sales personnel of trading members of currency derivatives segments of recognized stock exchanges; NISM now specifies the CPE Program for “NISM-Series-I: Currency Derivatives Certification Examination”.

Background:

National Institute of Securities Markets (NISM) performs two functions delegated to it under the Securities and Exchange Board of India (Certification of Associated Persons in the Securities Markets) (SEBI CAPSM) Regulations, 2007. These are:

1. Offering mandatory certification examinations for associated persons of securities market intermediaries.

2. Offering Continuing Professional Education (CPE) programmes for associated persons of market intermediaries who are holding valid certificates.

CPE Requirements: [w.e.f.: May 5, 2012]

Communiqué on CPE for Currency Derivatives

Currency Derivatives CPE requirements for Grandfathered Person category