The Securities and Exchange Board of India, (SEBI) on May 10, 2024, issued a Notification under Securities and Exchange Board of India (Certification of Associated Persons in the Securities Markets) Regulations, 2007.
The following has been stated-
•At least one key personnel, amongst the associated persons functioning in the key investment team of the Manager of an Alternative Investment Fund, shall obtain certification from the National Institute of Securities Market by passing the NISM Series-XIX-C: Alternative Investment Fund Managers Certification Examination as mentioned in the communiqué No. NISM/ Certification/ Series-XIX-C: Alternative Investment Fund Managers/2024/01 dated January 10, 2024 issued by the National Institute of Securities Market.
This notification shall come into force on the date of its publication in the Official Gazette.
[Notification No. SEBI/LAD-NRO/GN/2024/176]
