NISM Series 7 Securities Operations Certification Exam Notes

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  • Margin Shortfall Penalties: Imposed based on shortfall severity.
  • Clearing Member Role: Manages margins and settlement for brokers.
  • Collateral Transfer: Allowed across segments for efficiency.
  • Risk Disclosure Documents: Mandatory for client awareness.
  • Market Volatility: Addressed through dynamic margin adjustments.

NISM Securities Operations

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