Investment Adviser Representative Continuing Education
Welcome to the resource page for NASAA’s Investment Adviser Representative Continuing Education (IAR CE) initiative. NASAA’s IAR CE model rule This model rule represents the culmination of years of work by state securities regulators and industry to develop a relevant and responsive continuing education program,
IAR CE RESOURCES
IAR CE MODEL RULE
The North American Securities Administrators Association (NASAA) announced on November 30, 2020 that its membership voted to adopt a model rule to set parameters by which NASAA members could implement continuing education programs for investment adviser representatives in their jurisdictions. The model rule has a products and practices component and an ethics component and is intended to be compatible with other continuing education programs. The model rule is available here.
The model rule represents the culmination of years of work by state securities regulators and industry to develop a relevant and responsive continuing education program. This successful collaboration will help promote heightened regulatory compliance while also helping investment adviser representatives better serve their clients by remaining knowledgeable of current regulatory requirements and best practices.
The IAR CE Program Handbook was developed by NASAA’s Investment Adviser Representative Continuing Education Committee and Prometric, a global leader in test development, testing delivery, and candidate services. Prometric serves as the course management vendor for the IAR CE program. The handbook was developed to help potential providers better understand and meet the requirements for acceptable IAR CE course material.
During the first four months of 2021, Prometric and NASAA worked to standardize the criteria under which potential IAR CE content providers, instructors and individual CE courses will be approved. The CE program criteria, requirements and application material can be found in the handbook.
COURSE PROVIDER APPLICATION INFORMATION
NASAA and Prometric are now welcoming applications for those interested in becoming approved IAR CE Course Providers.
If you are interested in becoming an IAR CE Course Provider, please complete and submit the following to Prometric:
- A cover letter of interest.
- The IAR CE Course Provider Application Form.
- Complete this electronic form and attach items one and two.
The focus of the IAR CE Program is to promote regulatory compliance while also helping investment adviser representatives better serve their clients by remaining knowledgeable of current regulatory requirements and best practices.
NASAA is pleased to provide answers to frequently asked questions about the Investment Adviser Representative Continuing Education initiative. The FAQs cover questions related to credit hours and reporting, course content, IARs registered in multiple jurisdictions, dual registrants, professional designations, failure to complete and other general topics.