Approved IAR CE Courses

This two-hour course provides investment adviser representatives with a practical understanding of SEC Rule 206(4)-1 as it applies to advertising and investment performance. Participants will examine the definition of an advertisement, the general prohibitions applicable to all advertising, and the specific requirements governing gross, net, hypothetical, related, extracted, and predecessor performance. The course will also review pertinent SEC Risk Alerts, Frequently Asked Questions, and common examination findings involving performance advertising. In addition, attendees will learn how investment advisory firms and investment adviser representatives can implement effective review, approval, documentation, and recordkeeping procedures designed to reduce regulatory risk and support compliance with the Marketing Rule.

This two-hour IAR CE course provides investment adviser representatives, supervisors, compliance professionals and investment adviser executives with a comprehensive overview of the SEC’s amendments to Regulation S-P. The course explains the key rule changes, including the requirement to adopt a written incident response program, enhanced customer notification obligations, and expanded oversight of service providers. Participants will gain practical guidance on implementing policies and procedures, updating compliance manuals, and conducting defensible internal reviews aligned with regulatory expectations. Through case studies, the course highlights common deficiencies and how firms can mitigate regulatory and operational risks. The course is designed to equip attendees with actionable steps to strengthen data protection, incident response, and vendor oversight practices within their organizations.

This course will address several of the regulatory, legal, and operational risks that arise when SEC-registered and state-registered investment advisers provide tax planning, tax advice, or income tax return preparation services. The course will cover fiduciary duty, Form ADV disclosure, conflicts of interest, scope-of-service limitations, coordination with CPAs and attorneys, Circular 230 considerations, tax preparer obligations, IRC Section 7216 consent requirements, privacy/cybersecurity obligations, and best practices for policies, procedures, client disclosures, and engagement letters.

In November 2022, the U.S. Securities & Exchange Commission passed Rule 206(4)-1, whichmerged the former Advertisement Rule from 1961 and the former Solicitor Rule from 1979. Thespeakers will discuss the important components and requirements when allowing Testimonials &Endorsements as they relate to investment adviser firms. Participants will gain an understanding ofhow to implement effective policies and procedures and what steps should be taken to supervise,train and monitor such Testimonials & Endorsements.

This course will review the unethical acts described in the NASAA's model rule for unethicalbusiness pratices of licensed investment adviser representatives, the SEC's requirements for asupervised person under its Code of Ethics rule and other common compliance requirements forinvestment adviser representatives. The course will explore several case studies.