Investment Adviser Representatives (IARs)
Continuing Education (CE)

Meet Your IAR CE Requirements

Complete NASAA’s new investment adviser CE model rule requirements with our top-of-the-line training courses.

CE Courses for IARs

➤ B.E.S.T. IAR Courses

Browse our online CE course catalog to select from various course topics that will assist you in fulfilling your IAR CE credit requirements. Upon completion, we will report your credit hour(s) to FINRA within two (2) business days.



Disclaimer: “NASAA does not endorse any particular provider of CE courses. The content of the course and any views expressed are our own and do not necessarily reflect the views of NASAA or any of its member jurisdictions.”


➤ IAR CE Requirement FAQs

New requirements can be complicated to understand, but we are here to help. Below are a few common FAQs: (Click on a FAQ’s question to view its answer.)

Question #1: Will I be required to complete IAR CE?
Answer: If you are a registered investment adviser representative (IAR) in a jurisdiction that adopts the model rule you will be subject to its CE requirements. IARs will be required to meet the CE requirements of any state in which the IAR is registered.
Question #2: How many CE hours will be required?
Answer: 12 hours of CE annually:
  • 6 hours in Ethics and Professional Responsibility
    • 3 hours must be dedicated specifically to ethics
  • 6 hours in Products and Practices
Question #3: Will an IAR receive reciprocity in other states if the IAR meets the CE requirements of his or her home state?
Answer: An IAR registered in another state who is also registered as an IAR in his or her home state is considered to be in compliance if the home state has CE requirements that are at least as stringent as the model rule and the IAR is in compliance with the home state’s IAR CE requirements.
Question #4: What happens if an IAR does not complete the CE requirements in a timely manner?
Answer: If an IAR does not complete the CE requirement by the annual deadline, his or her IAR registration status will be set to “CE Inactive,” which is the status that will then appear in the Investment Adviser Public Disclosure (IAPD) and in BrokerCheck. The IAR will remain “CE Inactive” until he or she either becomes compliant or action is taken by the state.

 

NASAA Model Regulations State Adoptions

State Adoptions of NASAA Rule on Investment Adviser Representative CE (Model Rule 2002-411(h) or 1956-204(b)(6)-CE).

➤ State Adoption Status

The NASAA Model Rule is being adopted on a state-by-state basis, but states are not required to adopt. However, if your state does not adopt the model rule, you still may be subject to completing CE credits for states where you are registered that have adopted the model rule to stay in compliance.

The map below shows each state that has officially adopted the new rule and those considering adoption. The table to the right of the map, lists each state with its effective date of adoption.


Model Rule Effective Adoption Dates

State
Date
State
Date
Arkansas
01/01/2023
North Dakota
01/01/2024
California
Pending
Oklahoma
01/01/2023
Colorado
01/01/2024
Oregon
01/01/2023
Florida
01/01/2024
South Carolina
01/01/2023
Hawaii
01/01/2024
Tennessee
01/01/2024
Kentucky
01/01/2023
Vermont
01/01/2022
Maryland
01/01/2022
Washington, D.C.
01/01/2023
Michigan
01/01/2023
Wisconsin
01/01/2023
Mississippi
01/01/2022
U.S. Virgin Islands
01/01/2025
Nevada
01/01/2024
 
 


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