Continuing Education (CE)
FINRA, in conjunction with other self-regulatory organizations and the Securities Industry/Regulatory Council on Continuing Education, administers the continuing education program for the securities industry. (See FINRA Rule 1250.)
Continuing education consists of two mandatory programs:
- the Regulatory Element
- the Firm Element
The Regulatory Element program focuses on compliance, regulatory, ethical and sales practice standards. Its content is derived from industry rules and regulations, and accepted standards and practices in the industry. Participants must demonstrate proficiency in order to satisfy the CE requirements. The Regulatory Element requires all registered individuals to complete a computer-based training session within 120 days of the second anniversary of their initial registration date, and every three years thereafter.
Content Outlines and Training Material
Please see the content outlines below for information about each of the four Regulatory Element programs.
- S101: General Program for Series 7 Registered Persons
- S106: Investment Company Products/Variable Contracts Representatives
- S201: Registered Principals and Supervisors
- S901: Operations Professionals
FINRA also provides the following tools to help participants prepare for their Regulatory Element sessions.
- Interactive Sample Case
- Video Orientation for the Personalized Programs
- Video Orientation for the non-Personalized Programs
FINRA CE Online
As of July 1, 2016, Continuing Education (CE) Regulatory Element programs are no longer available at Pearson VUE or Prometric testing centers. Going forward, participants must satisfy their CE requirement exclusively via the CE Online Program.
Registered persons with an open CE window are eligible to take their respective S101, S106, S201 or S901 program.
Please check with your firm to determine when the 120-calendar-day CE window opens.
The FINRA CE Online System™ will be available during core business hours, Monday through Friday from 8:00 a.m. to 8:00 p.m. EST with full support. Outside of these hours the system will be available with limited support. Notice will be provided when the system is unavailable for scheduled maintenance.
FINRA has made every effort to make the CE Online Program as user friendly as possible for all participants, regardless of physical, sensory or cognitive ability. In most cases, participants who have required accommodations in the past will no longer need to apply for accommodations when using the CE Online Program.
However, FINRA recognizes that some CE participants may require additional assistance beyond what CE Online provides. Participants or firms may choose to apply for an accommodation for reader, a recorder or both, if needed.
Call the FINRA CE Online Support Team at (240) 386-4321.
The Firm Element requires broker-dealers to establish a formal training program to keep covered registered persons up to date on job- and product-related subjects. In planning, developing and implementing the Firm Element, each broker-dealer must consider its size, structure, scope of business and regulatory concerns.
Each broker-dealer must administer its Firm Element Continuing Education Program in accordance with its annual Needs Analysis and Written Training Plan, and maintain records documenting the content and completion of the program.
FINRA publishes the Securities Industry Regulatory Council’s Firm Element Advisory, which identifies and recommends pertinent regulatory and sales practice issues for firms to consider including in their Firm Element training plans. Learn more about Firm Element guidelines with our Guide to Firm Element Needs Analysis and Training Plan Development.
To learn more, visit the Securities Industry/Regulatory Council on Continuing Education (CE Council) website. It contains a wide range of continuing education information and publications regarding the Regulatory Element and Firm Element.
If you have questions about FINRA Rule 1250 and the Continuing Education Program or require assistance, please contact the FINRA CE Online Support Team at 240-386-4321.