Designated authority
Where an intermediary fails to comply with conditions of registration or contravenes the securities laws or directions, the Executive Director appoints an officer not below the rank of Division Chief as designated…
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
Where this is taught
Free preparation for NISM Series III-A← All terms