(1) Each intermediary shall be responsible to ensure that its associated persons participate in a programme of continuing professional education approved by NISM under sub regulation (1) of regulation 9.
(2) Associated persons shall take all appropriate and reasonable steps to participate in a programme of continuing professional education as required by the intermediary.
CHAPTER V MISCELLANEOUS Certification of associated persons to be pre-condition for registration of intermediaries.
11. Compliance with the provisions of these regulations shall be one of the factors to be taken into consideration by the Board for the purpose of determining eligibility criteria for grant or renewal of certificate of registration to an intermediary under the relevant regulations.
M. DAMODARAN CHAIRMAN SECURITIES AND EXCHANGE BOARD OF INDIA [ADVT- III/IV/69 ZB/2007/Exty.]
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