For all affiliated individuals registered as investment advisers and representatives of investment advisers under the SEBI (Investment Advisers) Regulations, 2013 and providing investment advice services, the NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination is a crucial examination. According to Regulation 7(2) of the SEBI (Investment Advisers) Regulations, 2013, an associated person must pass both levels of the Investment Adviser Certification Examination (NISM-Series-X-A and NISM-Series-X-B). The regulatory environment, financial planning, investment products, risk management, and client management are just a few of the many subjects linked to investment advising services that are covered in the certification.
NISM Series-X-B: Investment Adviser (Level 2) is conducted by the National Institute of Securities Markets (NISM) in India. Financial planners, distributors of mutual funds, and other financial professionals that offer investment advising services to clients are required to hold this credential.
With reference to the SEBI (Investment Advisers) Regulations, 2013 and those providing investment advisory services, the aim of this exam is to establish a standard minimum knowledge benchmark for all associated individual investment advisers, principal officers of non-individual investment advisers, and individuals associated with investment advice. The exam addresses subjects pertaining to the following: