- Certified Securities Investment Advisor
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Certified Securities Investment Advisor Hangul 증권투자상담사 Hanja 證卷投資商談師 Revised Romanization Jeunggwon Tuja Sangdamsa McCune–Reischauer Chŭnggwŏn T'uja Sangdamsa In South Korea, a Certified Securities Investment Advisor (CSIA) is a certified professional permitted to offer investment advice to clients and to accept purchase and sale orders for certain financial products on their behalf.[1] The products which CSIAs are permitted to handle include stocks, bonds, mutual funds, beneficiary certificates, and equity-linked warrants; however, the handling of futures, options, and over-the-counter derivatives is reserved for Certified Derivatives Investment Advisors. As of 2010[update], there were 111,214 registered CSIAs.[2]
To become a CSIA, one must pass the qualifying examination offered by the Korea Institute of Financial Investment, an arm of the Korea Financial Investment Association (KOFIA).[1] In July 2008 (the 69th sitting of the examination), 16,117 candidates took the examination, of whom 5,687 (35%) passed. Among the examinees, 894 were employees of securities firms, while the remaining 4,793 were university students or other ordinary people.[3] Younger people are also known to take the examination; for example, in July 2011, an 11-year old primary school student passed the examination and became the youngest CSIA ever.[4]
References
- ^ a b 이석호 — Yi Seok-ho (2011-03-16), "광주여상 아름다운 도전 — A beautiful challenge for Gwangju Girls' Commercial High School", Gwangnam Ilbo, http://www.gwangnam.co.kr/news/news_view.htm?idxno=2011031611413159557, retrieved 2011-09-11
- ^ Korea Securities Market 2010, Research and International Affairs Department, Korea Financial Investment Association, 2010, p. 332, http://www.kofia.or.kr/kofia/FILE_TEMP/store/470B483E-0C19-0F34-0A2A67597BFFC9A7/CMK%202010%20Final.pdf, retrieved 2011-09-11
- ^ 이율 — Yi Yul (2008-07-23), "증권투자상담사 자격시험 5천687명 합격 — 5,687 pass Certified Securities Investment Advisor qualifying examination", Maeil Business Newspaper, http://news.mk.co.kr/newsRead.php?sc=30000019&cm=%EC%A6%9D%EA%B6%8C%20%EC%A3%BC%EC%9A%94%EA%B8%B0%EC%82%AC&year=2008&no=458744&selFlag=&relatedcode=&wonNo=&sID=502, retrieved 2011-09-11
- ^ 김동민 — Kim Dong-min (2011-07-06), "증권투자상담사 최연소 합격한 초등생 — Youngest primary school student to ever qualify as Certified Security Investment Advisor", Korea Economic Daily, http://news.hankyung.com/201107/2011070647761.html?ch=news, retrieved 2011-09-11
External links
- (Korean) Introduction on KOFIA's website
Categories:- Finance in South Korea
- Professional certification in finance
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