12-Course Bundle

This one-hour course is intended for investment adviser representatives of SEC-registered investment adviser firms. Course participants will be introduced to the fundamentals of the Form ADV Part 3 for registered investment advisers, including its purpose, applicability, and statutory requirements – such as filing, delivery, and updates. This course provides one credit in the Products & Practices category.

This one-hour course is intended for investment adviser representatives of SEC-registered or state-registered investment adviser firms. This course will introduce students to the CCO role as described in SEC Rule 206(4)-7. By the end of the course, students should have acquired an understanding of what the CCO's responsibilities are, who qualifies to serve as a CCO, and what is expected of the CCO during a regulatory exam. This course provides one credit in the Products & Practices category.

In November 2022, the U.S. Securities & Exchange Commission passed Rule 206(4)-1, which merged the former Advertisement Rule from 1961 and the former Solicitor Rule from 1979. In this course we discuss the important components and requirements when allowing Testimonials & Endorsements as they relate to investment adviser firms. Participants will gain an understanding of how to implement effective policies and procedures and what steps should be taken to supervise, train and monitor such Testimonials & Endorsements. This course provides one credit in the Products & Practices category.

This course is intended for investment adviser representatives and investment adviser firm compliance staff members wanting to understand the U.S. SEcurities and Exchange Commission's (SEC) Custody Rule 206(4)-2 under the Investment Advisers Act of 1940. The speaker discusses the different authorizations and practices that result in an investment adviser firm having custody over client funds and securities along with detailing the requirements to comply with Rule 206(4)-2. Equal attention is given to the SEC's proposed Rule 223-1 Safeguarding Advisory Client Assets. The speaker explains how the proposed rule deviates from and expands on the current Custody Rule along with potential challenges for complying with changes. This course provides one credit in the Products & Practices category.

This course is designed to help investment adviser representatives, supervisory principals, compliance professionals, and firm executives understand several new areas of focus of the U.S. Securities and Exchange Commission ("SEC") related to the use of digital tools. The speaker discusses the SEC's previous guidance and recent enforcement action against an investment adviser for its supervised persons who used authorized messaging apps for business. This course reviews regulatory issues and best practices related to the SEC's new Marketing Rule for an investment adviser which utilizes client testimonials or third-party endorsements as part of its online marketing. Finally, the speaker explores possible regulatory issues associated with certain uses of artificial intellignence and the SEC's proposed rule for investment advisers using predictive and artificial intelligence technology. This course provides one credit in the Products & Practices category.

Just as a skilled surfer anticipates the perfect wave, an investment adviser firm's seasoned executives and compliance professionals must prepare for the impending regulatory swell. In 2024, investment advisers registered with the U.S. Securities and Exchange Commission ("SEC") may find themselves facing a potentially significant wave of new rules and regulatory changes. To help you nail this regulatory wave and avoid washing out, we proudly present our course: "Riding the Regulatory Wave: Navigating the Potential 2024 Surge for SEC Registered Investment Advisers." This course provides one credit in the Products & Practices category.

This course is intended for investment adviser representatives and investment adviser firm compliance staff members wanting to gain an understanding of and implement a due diligence review process for service providers utilized by the firm to perform certain advisory functions. In October 2022, the U.S. Securities and Exchange Commission ("SEC") proposed Rule 206(4)-11, which would require SEC registered investment advisers to conduct both documented due diligence before hiring, and continued oversight of, third parties when outsourcing certain functions necessary to the adviser's provision of investment advice. The speaker explains how the proposed rule may impact investment adviser firms. The speaker will also discuss with attendees some of the best practices all investment adviser firms should currently have in place when performing due diligence of service providers and the expectations of regulator. Equal attention is given to the due diligence review process itself and what investment advisers should look for with each service provider, including red flags, when performing such a review. This course provides one credit in the Products & Practices category.

In March 2023, the U.S. Securities and Exchange Commission ("SEC") brought an enforcement action against an investment adviser firm for allegedly recommending that their advisory clients invest in Fixed Indexed Annuities ("FIAs") that paid the investment adviser representative ("IAR") a substantial up-front commission without adequately disclosing the IAR and investment adviser firm's financial incentive to sell the FIAs. This course focuses on the facts and causes of action alleged by the SEC. The speaker also discusses past guidance from the SEC about an investment adviser firm's standard of conduct (i.e., fiduciary duty) and best practices for mitigating the conflict of interest associated with IARs who sell FIAs. This course provides one credit in the Ethics & Professional Responsibility category.

This course is designed to help investment adviser representatives, supervisory principals, compliance professionals, and firm executives understand the duty of care of an investment adviser registered with the U.S. Securities and Exchange Commission ("SEC") as it relates to providing investment advice and recommendations. The speaker will review the components of the duty of care and specific examles of what constitutes failure to exercise duty of care. This course has been approved to provide 1 IAR CE credit in the Ethics & Professional Responsibility Category.

This course will review the unethical acts described in the NASAA’s model rule for unethical business practices of licensed investment adviser representatives, the SEC’s requirements for a supervised person under its Code of Ethics rule and other common compliance requirements for investment adviser representatives. The course will explore several case studies. This course provides one credit in the Ethics & Professional Responsibility category.

This one-hour course is designed for individuals who are involved in conducting, assisting and/or reviewing an investment adviser firm's annual compliance review. Although this course will delve into the recent amendment to SEC Rule 206(4)-7, which mandates written documentation of annual compliance reviews, it will review the applicable requirements for state and federally registered investment advisers while offering insights and best practices for conducting comprehensive reviews to ensure regulatory compliance and mitigate risks effectively. This course provides one credit in the Ethics & Professional Responsibility category.

This one-hour course is designed for individuals who are involved in preparing, maintaining and/or testing an investment adviser’s privacy policy and information security policies and procedures. This course will delve into the recent amendments to SEC Regulation S-P including the specific requirements of the incident response plan, the mandatory customer notification obligation, due diligence of service providers and exception to the annual delivery of the privacy notice. This course provides one credit in the Ethics & Professional Responsibility category.

This IAR Continuing Education course provides an overview of the SEC's Rule 206(4)-5, commonly referred to as the "Pay-to-Play" rule. Designed for investment adviser representatives, the course explores the rules origins, key provisions, and its critical role in preventing unethical practices within the industry. Attendees will gain practical insights into how to comply with the rule, update internal policies, and avoid the severe penalties associated with violations. This course provides one credit in the Ethics & Professional Responsibility category.

The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) has finalized a new rule requiring certain investment adviser firms registered with the SEC, including exempt reporting advisers, to establish anti-money laundering (AML) programs and report suspicious activities. This rule aims to address gaps in the regulatory framework to prevent illicit financial activities. This investment adviser representative continuing education (“IAR CE”) course provides an introduction and overview of FinCEN's new anti-money laundering rule for SEC-registered investment adviser firms and exempt reporting advisers. It covers the general requirements, identifies which firms are impacted, and outlines the compliance deadlines. This course provides one credit in the Ethics & Professional Responsibility category.