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 1240.) Continuing education consists of two mandatory programs: the Regulatory Element and the Firm Element.
On This Page
- Regulatory Element
- Firm Element
The Regulatory Element of FINRA's Continuing Education (CE) 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.
Please see the content outlines below for information about each of the Regulatory Element programs.
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
Participants satisfy their CE requirement through an online CE platform during a 120-calendar-day CE window. The platform is available by logging directly in to the FINRA CE Online System™ or by navigating from the Financial Professional Gateway (FinPro).
A new CE platform is launching in two stages that does not require Adobe Flash. Unlike the current CE Online System, this new platform is only available via FinPro. Key dates for the new platform are listed below:
June 15: Participants can complete S201 on the new platform via FinPro.
Early October: Participants can complete S101 on the new platform via FinPro.
November 9: The current CE Online System will remain available through November 8. Beginning November 9, all CE must be completed on the new platform, which will be exclusively available from FinPro.
Both CE platforms and FinPro are available with full support during core business hours, Monday through Friday from 8 a.m. to 8 p.m. Eastern Time. Notice will be provided when the systems are 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.
The Firm Element of the FINRA Continuing Education (CE) Program 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 1240 and the Continuing Education Program or require assistance, please contact the FINRA Call Center at 240-386-4040.
See also: E-Learning Courses from FINRA
- FINRA Gateway – Changes to Form U4 User Interface and Access to Continuing Education
- FINRA Requests Comment on a Proposal to Implement the Recommendations of the CE Council Regarding Enhancements to the Continuing Education Program for Securities Industry Professionals
Due to the coronavirus pandemic (COVID-19), FINRA is providing temporary relief for member firms from rules and requirements in the Frequently Asked Questions below. The relief provided does not extend beyond the identified rules and requirements. FINRA will continue to monitor the situation to determine whether additional guidance and relief may be appropriate. As coronavirus-related risks decrease, member firms should expect to return to meeting any regulatory obligations for which relief has been provided.March 24, 2020
- PodcastThe CE Council, FINRA and other CE Council members are working together on the biggest change to continuing education for broker dealers in 25 years. On this episode, we hear both the firm and regulatory perspective as we learn what will be changing in the years ahead.March 03, 2020
- Interpretive LetterDuring the period a registered representative is inactive for failure to complete the Regulatory Element, a member may pay the registered representative fees or commissions earned by the representative prior to the period of inactivity unless the member has a policy that prohibits it. However, a member may not pay the inactive registered representative commissions on securities sales that occur during the period that the registered representative is inactive.October 02, 2001
- Compliance Tools
Continuing Education Regulatory Element Report
The CE Regulatory Element Report is published each quarter for any firm that has had at least one representative take a Regulatory Element CE session during the quarter. The report provides information about the firm's performance as well as industry performance during the quarter for comparison.