Curriculum (RTA – Corporate)

Explore the RTA-Corporate Certification Program

 I: Introduction to Securities

A. Introduction to Equity and Debt

B. Features of Equity Capital and Benefits to Equity Investors

C. Features of Debt Capital and Benefits to Debt Investors

D. Hybrid Structures

II: Characteristics of Equity Shares

A. Investors in Equity Shares

B. Rights of a Shareholder 

C. Risks in Equity Investing

D. Equity Terminology

E. Corporate Actions

F. Reduction of Share Capital

G. Preference Shares                      

H. Rights Issue of Shares

Preferential Issue

III: Characteristics of Debt Securities

A. Features of a Debt Security

B. Market Value of a Debt security

C. Yield from Debt Instruments

D. Types of Debt Securities

E. Classification of Debt Market

F. Credit Rating

G. Money Market Instruments

IV: Characteristics of Other Securities

A. Warrants

B. Convertible Debentures

C. Depository Receipts

D. Foreign Currency Convertible Bond (FCCB)

E. Exchange Traded Funds (ETFs) and Index Funds

F. Investment Trusts

G. Alternate Investment Funds (AIFs)

H. Corporate Fixed Deposits

 V: Basics of Mutual Funds

A. Introduction to Mutual Funds

B. Advantages of Mutual Funds

C. Open Ended and Close Ended Mutual Funds

D. Assets under Management (AUM)

E. Net Assets

VI: SEBI – Role and Regulations

A. Securities and Exchange Board of India Act, 1992 and Role of SEBI

B. SEBI Regulations specifically aimed at Investor Protection

C. SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 2015

D. SEBI (PROHIBITION OF FRAUDULENT AND UNFAIR TRADE PRACTICES RELATING TO SECURITIES MARKET) REGULATIONS, 2003

E. Investor Education and Protection Fund (IEPF) Authority

F. SEBI Regulations for Registrars and Transfer Agents

G. SEBI (REGISTRARS TO AN ISSUE AND SHARE TRANSFER AGENTS) REGULATIONS, 1993

H. SEBI (INTERMEDIARIES) REGULATIONS, 2008

I. SEBI (DEPOSITORIES AND PARTICIPANTS) REGULATIONS, 2018

VII: Public Offer of Securities

A. Issuing Equity Capital

B. Public Offer of Shares

C. Reservations

D. Initial Public Offer 

E. Eligibility for Public Issue of Shares

F. Further Public Offer 

G. Buy Back of Securities

 VIII: Modes of allotment of shares other than Public Offers

A. Private Placement of Shares

B. Qualified Institutions Placement

C. Rights Issue

D. Employee Stock Options (ESOPs)

E. Conversion of Convertible Debentures/ Bonds into shares

IX: Processes related to Public Offering of Shares

A. Pre-Issue Work

B. Post-Issue Work

C. Terms and Concepts in Public Issue of Shares

D. Prospectus

E. Red Herring Prospectus

F. Underwriting

G. Green Shoe Option

H. Methods of Making a Public Issue of Shares

I . Initial Public Offer (IPO) by Small and Medium Enterprises (SME)

X: Roles and Responsibilities in a Public Issue

A. Registrar and Transfer Agents

B. Sponsor Bank

C. Bankers to the Issue

D. Brokers to the Issue/Syndicate Members/ Designated Intermediaries

 XI: Depository Services

A. Dematerialisation

B. Constituents of the Depository System

C. Investor’s Interface with the Depository

XII: Processes Related to Depositories

A. Dematerialisation of Securities

B. Rematerialisation of Securities

C. Trading and Settlement

D. Beneficial Owner Reporting

E. Corporate Actions

F. Reconciliation

G. Crediting shares to IEPF Account

 XIII: Investor Interface with the R&T Agent

A. Transfer of Securities

B. Recording Change in Investor Information

C. Issue of Duplicate Certificate for Securities

D. Stop Transfers

E. Transmission

F. Timelines pertaining to investor services provided by RTA

G. Online processing of investor service requests and complaints by RTAs

H. Annual General Meeting

I. E Voting

J. Responsibilities of RTA during Annual General Meetings (AGM)

K. Annexure K. Standard Operating Procedure for Change of Address

L. Annexure L. Standard Operating Procedure for Issuance of Duplicate Share Certificate

M. Annexure M. Standard Operating Procedure for Transmission of securities

N. Annexure N. Format for registering or updating PAN, KYC details

XIV: Secondary Market Transactions

A. Stock Markets

B. Participants in the Stock Markets

C. Listing of Securities

D. SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (LODR)

XV: Client Servicing

A. Investor in context of RTA organisation

B. First Time Right (FTR)

C. Principles of Client Servicing

D. Service etiquettes of RTA organisations in Client Servicing