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 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. The 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.

There are currently four Regulatory Element programs.  Information about each program, including content outlines, are available below:

  • S101 Program (until January 3, 2016) for Series 7 General Securities registrants and all other registrations not covered  by the other programs
  • S101 Program - Personalization (effective January 4, 2016) for the Series 7 General Securities registrants and all other registrations not covered by the other programs
  • S106 Program for Series 6 registered Investment Company Limited Representatives
  • S201 Program for registered Supervisors/Principals
  • S901 Program for Series 99 registered Operations Professionals

Options for Satisfying your CE Requirement

Effective October 1, 2015, participants now have two options for satisfying their CE requirements: online via the CE Online Program, or at a testing center.

For either delivery method, the participant completes a computer-based session consisting of four modules, and must demonstrate proficiency in each module to satisfy the CE requirement. The participant has the opportunity to demonstrate this proficiency by working through a maximum of two cases per module.

  The CE Online Program At a test center

Available programs

Current: S106, S201, S901
Starting Jan. 4, 2016:  S101

S106, S201, S901, S101

Cost to the firm

$55 per session completion


Time restrictions

Start and stop a session at any time during the 120-calendar days of starting a session

Must complete session within 3.5 hours

Travel requirements


Varies by Test Center Location

Security measures


See Test Center Security Requirements




Operating hours


See Pearson VUE Holiday Schedule
and Prometric Holiday Schedule

Additional requirements for international participants


Complete and sign a FINRA Data Processing Consent Form at the testing center

Registration fee surcharge of $15.00

How to get started

Schedule a CE session at a test center

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.

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 Gateway Call Center at (301) 590-6500.