NISM/Certification/ Series-V-C:MFDL2/2013/01 dated March 26, 2013

National Institute of Securities MarketsCommuniqué/Press ReleaseNISM-Series-V-C: Mutual Fund Distributors (Level 2) Certification ExaminationNISM/Certification/Series-V-C:MFDL2/2013/01 dated March 26, 2013

NISM has specified the NISM-Series-V-A: Mutual Fund Distributors Certification Examination as the mandated certification examination for distributors, agents or any persons employed or engaged or to be employed or engaged in the sale and/or distribution of mutual fund products vide NISM communiqué NISM/Certification/Series-V-A: MFD/2010/01 dated May 05, 2010. SEBI has further mandated the same vide notification No. LAD-NRO/GN/2010-11/09/6422 dated May 31, 2010.

National Institute of Securities Markets (NISM) now announces the launch of a higher level examination, for those candidates who wish to assess themselves against higher standards of overall expertise related to mutual funds sales, distribution and advisory functions.  The NISM-Series-V-C: Mutual Fund Distributors (Level 2) Certification Examination is suitable for:

• Mutual fund distributors and agents
• Persons employed or engaged in the sale and/or distribution of mutual fund products
• Persons to be employed or engaged in the sale and/or distribution of mutual fund products
• Students interested in gaining advanced knowledge of mutual fund products, sales, distribution and related regulations

The examination is a voluntary examination and will be open to all.

The NISM-Series-V-C: Mutual Fund Distributors (Level 2) Certification Examination will be available to the candidates from April 16, 2013.

Details of the NISM-Series-V-C: Mutual Fund Distributors (Level 2) Certification Examination are given in Annexure-I and Annexure-II attached to this communiqué/press release.

The text of these Annexures and the registration details are available at www.nism.ac.in.–sd–G. P. GargRegistrar 

Enclosures:

1. Annexure I
2. Annexure II