8.2.3.3. Continuing Education Requirements
All registered persons must participate in an annual continuing education (CE) program. This program has two elements: a regulatory element and a firm element. If the CE is not completed annually, the person’s registration will become inactive, and they will not be able to perform any of the activities that require registration or be compensated for any of those activities until they complete the overdue CE.
The content of the regulatory element is determined by the MSRB and is appropriate to the class of registered representative or principal. An individual is responsible for completing the content requirements for each registration category they hold.
A dealer can administer the regulatory element to its own associated persons as long as it implements an in-firm program that meets MSRB requirements. These requirements include:
• Designating a Municipal Securities or General Securities Princi