
By Bill Reilly
Subscribe to our original industry insightsIn November 2020, the NASAA membership voted to adopt a model rule to establish a continuing education (CE) program for investment advisor representatives (IARs) in each state adopting the model rule. In 2021 Maryland, Mississippi and Vermont adopted the regulation with implementation in 2022.
To date, in 2022 the following states have adopted the regulation for implementation in 2023:
The following are the major components of the model rule:
Individuals and their firms should become familiar with the regulations enacted by states in which the IAR is registered, as not all states adopt the model rule in its original form. Oyster Consulting takes a proactive approach to supporting your Compliance Department and your Chief Compliance Officer. Our team of former CCOs and regulators have the knowledge, experience, and resources to help you prioritize, address and respond to risk.
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