List of securities examinations

The following is a list of securities examinations and the organizations that offer them.

Africa
  • The Securities Industry Training Institute East Africa (SITI) was conceptualized in 2008 for this aim for East Africa. It is a joint effort involving Uganda Securities Exchange Ltd (USE), Kenya's Nairobi Securities Exchange Ltd (NSE), Tanzania's Dar-es-Salaam Stock Exchange Ltd (DSE), and the Central Depository & Settlement Corporation Ltd (CDSC) and Rwanda Stock Exchange, to standardize and administer market education for the East African region.
  • Ethiopia Institute of Financial Studies (EIFS) training program
  • Ghana Stock Exchange (GSE) Securities Courses
  • Namibia Stock Exchange (NSX) semi-annual Stock-brokering Exams
  • Nigerian Stock Exchange (NSE) offers a few certificate programs including:
    • Module 1: The role and responsibilities of compliance officers in the capital market
    • Module 2: Compliance risk based monitoring programmes
    • Module 3: Conduct of business obligations of a broker dealer firm
    • Module 4: Anti-money laundering and terrorist financing
    • Module 5: Capital market operations
  • South African Institute of Financial Markets offers a wide variety of training options

Asia Pacific (ASEAN Plus Three)

Indonesia
  • Indonesia Stock Exchange (IDX) Educational Programs
    • IDX Basic Education Program
    • IDX Intermediate Education Program
    • IDX Advance Education Program
  • The Indonesia Capital Market Institute (TICMI) / The Committee For Capital Market Professional Standards (PSPPM)
    • Wakil Perantara Pedagang Efek (WPPE) / Broker Dealer Representative
    • Wakil Manajer Investasi (WMI) / Investment Manager Representative
    • Wakil Penjamin Emisi Efek (WPEE) / Underwriter Representative
    • Ahli Syariah Pasar Modal (ASPM) / Shariah Capital Market Professional

Singapore
  • Singapore College of Insurance (SCI)

Malaysia

The Securities Commission of Malaysia (Suruhanjaya Sekuriti Malaysia) provides an overview of licensing/certification in the country for those who deal in securities, derivatives, financial planning, etc.

For actual exam detail, see SIDC

  • Module 6: Stock Market and Securities Law
  • Module 7: Financial Statement Analysis and Asset Valuation
  • Module 9: Funds Management Regulation
  • Module 10: Asset and Funds Management
  • Module 11: Fundamentals of Compliance
  • Module 12: Investment Management and Corporate Finance
  • Module 14: Futures and Options
  • Module 16: Rules and Regulations of Futures and Options
  • Module 17: Securities and Derivatives Trading (Rules and Regulations)
  • Module 18: Securities and Derivatives Trading (Products and Analysis)
  • Module 19: Advisory Services (Rules and Regulations)
  • Module 19A: Advisory Services (Rules and Regulations) - Part A
  • Module 19B: Advisory Services (Rules and Regulations) - Part B

China
  • ATA

For Futures Practitioners:

  • China Futures Association
    • Futures Practitioner Exam
    • Futures Analyst Exam

Hong Kong, S.A.R.

India

Japan
  • Core Knowledge Inc
  • Japanese Securities Dealers Association (JSDA)
  • FINRA Series 47

Philippines
  • Securities Representative Certification Exam (SRCE)
  • Associated Persons Certification Exam (APCE)
  • The Investment Company Representative Certification Program (ICRCP)

Thailand
  • Securities Analysts Association (SAA)

Cambodia

Global

The Middle East
  • Israeli Securities Authority – Securities Law and Ethics Exam
  • Capital Market Authority (Saudi Arabia)
    • General Securities Qualification Examination (CME-1)
    • Compliance & Anti-money laundering/CTF (CME2)
    • Broker-Dealer Qualification Certificate (CME-3)
  • Various courses for The U.A.E. (Dubai, Abu Dhabi), Kuwait, Bahrain, Saudi Arabia

North America

Canada

United States

The following is a list of the U.S. Financial Industry Regulatory Authority (FINRA), NASAA, and National Futures Association (NFA) financial securities examinations. Most FINRA examinations are divided into two categories: Registered Representative and Registered Principal levels. An asterisk designates that there is no sponsorship requirement in order take the exam.

Registered representative level
  • Series 3 – National Commodities Futures Exam*
  • Series 5 – Interest Rate Options Exams
  • Series 6 – Investment Company and Variable Contracts Exam (Mutual Funds Broker/Variable Annuities)
  • Series 7 – General Securities Representative Exam (Stockbroker)
  • Series 11 – Assistant Representative – Order Processing
  • Series 15 – Foreign Currency Options Exam
  • Series 17 – United Kingdom Securities Representative Exam
  • Series 22 – Direct Participation (Limited partnerships) Exam
  • Series 30 – NFA Branch Manager Exam
  • Series 31 – Futures – Managed Funds Exam*
  • Series 32 – Limited Futures Exam - Regulations
  • Series 37 – Canada Securities Representative Exam - With Options
  • Series 38 – Canada Securities Representative Exam - No Options
  • Series 42 – Registered Options Representative Exam
  • Series 44 – NYSE Arca Options Market Maker Exam
  • Series 47 – Japanese Module of the General Securities Exam
  • Series 52 – Municipal Securities Representative Exam
  • Series 55 – Equity Trader – Limited Representative Exam
  • Series 56 – Proprietary Trader Qualification Exam
  • Series 57 – Securities Trader Qualification Exam[1]
  • Series 62 – Corporate Securities – Limited Representative Exam
  • Series 63 – Uniform Securities Agent State Law Exam*
  • Series 65 – Uniform Registered Investment Adviser Law Exam (RIA)*
  • Series 66 – Uniform Investment Adviser – Combined State Laws Exam (Combined 63 and 65)
  • Series 72 – Government Securities – Limited Representative
  • Series 79 – Investment Banking Exam
  • Series 68 –
  • Series 82 – Private Securities Offerings – Limited Representative
  • Series 86 – Research Analyst – Securities Analysis
  • Series 87 – Research Analyst – Regulations
  • Series 99 – Operations Professional

Registered principal level
  • Series 4 – Registered Options Principal Exam
  • Series 9 – General Securities Sales Supervisor Exam – Options
  • Series 10 – General Securities Sales Supervisor Exam – General Module
  • Series 12 – NYSE Branch Manager
  • Series 14 – NYSE Compliance Officer
  • Series 14A – NYSE DMM Compliance Official Examination
  • Series 16 – NYSE Supervisory Analyst
  • Series 23 – General Securities Principal (Upgrade from Series 9 and 10)
  • Series 24 – General Securities Principal Exam
  • Series 26 – Investment Company and Variable Contracts Products Principal Exam
  • Series 27 – Financial and Operations Principal Exam
  • Series 28 – Financial and Operations Principal Introducing Broker Exam
  • Series 39 – Direct Participation Programs Principal Exam
  • Series 51 – Municipal Fund Securities Limited Principal
  • Series 53 – Municipal Securities Principal Exam

Latin America

Brazil

Issued by ANBIMA(Brazilian Association of Financial and Capital Markets):

  • CPA-10 (Securities Representative - for Retail Investors)
  • CPA-20 (Securities Representative - for Qualified Investors)
  • CEA (Retail Account Financial Advisor)
  • CGA (Professional Portfolio Management)
  • AAI (Autonomous Investment Agent)

Issued by APIMEC (Brazilian Association of Investment and Capital Markets Professionals):

  • CNPI (Fundamental Securities Research) [Required for all fundamental sell-side research analysts]
  • CNPI-T (Technical Securities Research) [Required for all technical sell-side research analysts]
  • CNPI-P (Fundamental and Technical Securities Research)

Costa Rica
  • Securities broker license
  • Operator and promoter in currency derivatives

Europe

See also

References
  1. "Series 57 - Securities Trader Representative Exam | FINRA.org". www.finra.org.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.