Arkansas, Kentucky, and Washington D.C. have begun the process to adopt NASAA’s new continuing education (CE) requirement for investment adviser representatives (IARs). If the two states and the District of Columbia adopt the CE requirement by the end of 2022, then it will go into effect on January 1, 2023.
Nevada is also in the process of adopting the CE requirement for IARs. Michigan and Wisconsin finalized adoption of the IAR CE requirement, and implementation will start in 2023 in those states.
The IAR CE requirement is already in effect in Maryland, Mississippi, and Vermont. That means that IARs who are registered in these states must complete CE by the end of 2022. The requirement applies to both state-registered and federal-registered investment advisers.
IARs who are affected by the CE requirement will have to complete 12 credits of CE coursework per year: six credits in Products and Practices and six credits in Ethics and Professional Responsibility, with at least three about ethics. To earn CE credit, courses must be taken from a NASAA-approved vendor, such as Solomon Exam Prep.
To learn more about Solomon’s on-demand IAR CE courses, explore the Course Library.
Disclaimer: NASAA does not endorse any particular provider of CE courses. The content of the course and any views expressed are our own and do not necessarily reflect the views of NASAA or any of its member jurisdictions.