Ethical Business Practices & the Modernized SEC IA Marketing Rule provides an overview of theInvestment Advisers Act of 1940, Advertising Rule 206(4)-1. The course explains the SEC's new Marketing Rule, including testimonials and performance advertising and the NASAA Model Rule 102(a)(4)-1 on Unethical Business Practices of Investment Advisers, Investment Adviser Representatives, and Federal Covered Advisers. While this Marketing Rule provides more flexibility to advisers in communicating with prospective clients and investors, the SEC makes itclear that advisers may not present unethical, false, misleading, deceptive, or unbalanced advertisements. The Marketing Rule imposes additional specific obligations on IAs when it comes to compliance with advertising rules, including appropriate due diligence and verification of claims, creation of additional policies and procedures, heightened disclosures, and maintenance ofnew books and records. The course details the specific definitions used in the act, the scenarios inwhich they are applicable, and uses case studies to underscore the regulatory response to breaking*** continued on timed outline
Throughout this course, students will learn what it means to be a fiduciary in the eyes of the SECand other regulators. IARs & Reg BI discusses the top responsibilities of investment advisers actingas fiduciaries as well as the deficiencies most commonly found in regulatory examinations. It scrutinizes the investment adviser code of ethics requirements, common conflicts of interest in thecourse of business, and how failing to deal with them properly can result in disciplinary actions. Case studies illustrate the course concepts.
An IAR's foremost ethical duty is to act as a fiduciary for your clients and nowhere is this moreevidenced than when helping individuals, sometimes decades in advance, determine how they will spend their days after a lifetime of working. What Clients Need to Know: Partnering for Retirement Planning is designed to equip investment adviser representatives with an ethical framework and the strategic judgment necessary to guide clients towards a secure retirement. This course explores theprinciples of fiduciary responsibility, conflict of interest management, transparent communication, and describes the many products available for you to build your clients' futures. Your knowledge of your client and the products available matched with your education of your client on their choicesand needs is the crux of determining a sound and suitable financial plan. By the end of this course, you will understand how to navigate the complex landscape of retirement planning with the highestethical standards, ensuring that client interests are always at the front of your advisory services.