NISM Series 7 Securities Operations Certification Exam Notes

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  • Broker Audits: Verify compliance with risk management rules.
  • Client Protection: Safeguards against broker insolvency.
  • Exchange Reporting: Brokers submit margin and exposure data.
  • Risk Governance: Involves board oversight of risk policies.
  • Default Management: SGF used to cover member defaults.

NISM Securities Operations

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