This course provides an overview of the changes made to continuing education training, including the new Maintaining Qualifications Program (MQP).
2023 Learning Plan
The Regulatory Element provides training on significant rule changes and other regulatory developments. Courses focus on new and amended rules, industry trends and core knowledge areas relevant to each registration category.
The Regulatory Element Learning Plan below has been created based on the registration categories that were selected.
Amended Rules 1210 and 1240: Continuing Education Transformation
Determining Fair Prices and Markups
This course provides an overview of pricing principal transactions in municipal securities according to MSRB Rule G-30. It also examines requirements for markup disclosure to non-institutional customers.
Calculating Net Capital and Completing FOCUS Reports
This course reviews the necessary procedures to complete a balance sheet and calculate net capital. It also examines the completion of FOCUS reports and event-triggered reporting requirements.
AML Programs and Detecting Red Flags
This course focuses on recognizing anti-money laundering (AML) red flags and other areas of concern in relation to customer account opening and suspicious activity in customer accounts. It also provides guidance on escalating issues to avoid the consequences of fraud and AML violations.
Protecting Market Integrity: Responsibilities With Customer Orders
This course reviews responsibilities with customer orders to avoid two trading violations: front running and anticipatory hedging.
Preventing Improper Influence on Research
This course explores some of the many ways in which FINRA Rule 2241 supports objective research by preventing improper influence between investment banking and research departments.
Protecting Market Integrity: Information Barriers and MNPI Misuse
This course reviews information barriers and how to uphold them to prevent material nonpublic information (MNPI) misuse.
Supporting Transparency: Order Routing Disclosures
This course reviews two types of order routing disclosure requirements featured in Rule 606 of SEC Regulation NMS:
- order routing information required in public quarterly reports per amended Rule 606(a); and
- not-held order handling information required upon a customer’s request per Rule 606(b)(3).
Navigating Regulation BI
This overview of Regulation BI (Best Interest) focuses on issues relevant to registered representatives, including:
- applicability of the rule;
- what is considered a recommendation; and
- factors to be considered when making a recommendation.
The course also discusses the appropriate disclosure to provide customers and how to mitigate conflicts of interest.
This course discusses effective practices to protect electronic and physical data in the workplace and while working remotely.
Data Access Management
This course examines best practices for firms to establish and implement strong cybersecurity procedures. It also provides information on granting employees and vendors access to information and preventing data breaches.
New Rule Overview: FINRA Rule 3241 (Registered Person Being Named a Customer’s Beneficiary or Holding a Position of Trust for a Customer)
This course provides an overview of new FINRA Rule 3241 as well as resources to find answers to questions and learn more.