October 7, 2020

The North American Securities Administrators Association, Inc. (NASAA) is requesting NASAA member comment and public comment on an amendment to NASAA’s previously proposed investment adviser representative continuing education (IAR CE) program and model rule. The NASAA IAR CE Committee has reviewed comments on the proposed IAR CE program and model rule and is considering an amendment to it. NASAA requests feedback on a proposed amendment.

The proposed amendment would add a new provision to the model rule related to investment adviser representatives (“IARs”) who become unregistered and subsequently seek to re-register. This provision would appear as new Section 9 to the model rule.

NASAA requests comment on this proposed amendment to the model rule. A copy of the model rule with this proposed amendment included is available here.

Comment Period
Comments on the proposed amendment are due by October 22, 2020.