NISM PMS Distributors ( NISM 21A ) Certification Exam Notes

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  • Market Transparency: Enhanced by SEBI’s disclosure requirements.
  • Derivative Markets: Include futures, options, and swaps for risk management.
  • Capital Market Role: Channels savings into productive investments.
  • Investor Types: Include retail, institutional, and high-net-worth individuals.
  • SEBI ICDR Regulations: Define retail investor limits for IPO/FPO participation.

NISM PMS Distributors ( NISM 21A )

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