Memberships

In order to become a Certified Stockbroker Affiliate and hold the designation CSb(SA) a series of exams and practical experience in the financial markets is required. The following Professional Stockbroker Examinations must be completed:

• Legislation;
• Rules Part 1;
• Rules Part 2;
• Taxation in Financial Markets;
• Investment and Portfolio Management; and 
• Finance.

There are a number of entry routes to the Professional Stockbroker Examinations. Exemptions are also available for some of the examinations. These are detailed in the SAIS' Education Policy​

Affiliate is used for individuals that complete the theoretical part of the qualification but who have not yet met the relevant, prescribed practical work experience requirements.

Both Affiliate and Associate members receive the full range of SAIS benefits and are held to the same requirements:

• Adherence to the SAIS Code of Conduct​ 
• Participating in and reporting CPD activities 
• Payment of annual membership fees​.  

• Retired Membership: relates to a member who is no longer active in the financial markets (other than for personal benefit) but still wishes to retain their designation. This means that the retired member is not providing any advice or transacting for external parties. They are not required to complete the CPD requirement, however they will still have access to the CPD portal and content. Retired members are permitted to use the allocated designation. Retired members are required to adhere to the Code of Conduct​ and pay a reduced annual membership fee​.