Approved IAR CE Courses

This one hour course is intended for investment adviser representatives of SEC or state-registeredinvestment adviser firms. This course will introduce students to the CCO role as described in SEC Rule 206-4(7). By the end of the course, students should have acquired an understanding of thewhat the CCO's responsibilities are, who qualifies to serve as a CCO, and what is expected of theCCO during a regulatory exam.

This course will address core compliance considerations for Investment Adviser Representatives (IARs) contemplating buying or selling a client list or an investment adviser entity. The course will cover essential topics including fiduciary duties, regulatory requirements, and best practices for seamless transitions. Participants will gain insights into federal and state laws, privacy and confidentiality concerns, and the importance of due diligence. The course will also explore various types of transactions, such as asset purchases and mergers, and their compliance implications. By the end of the session, attendees will be equipped with the knowledge to manage client relationships ethically and effectively during the sale or purchase process.

This course is designed to help investment adviser representatives, supervisory principals,compliance professionals, and firm executives understand several new areas of focus of the U.S.Securities and Exchange Commission ("SEC") related to use of digital tools. The speaker willdiscuss the SEC's previous guidance and recent enforcement action against an investment adviserfor its supervised persons who used unauthorized messaging apps for business. The course willreview regulatory issues and best practices related to the SEC's new Marketing Rule for aninvestment adviser which utilizes client testimonials or third-party endorsements as part of its onlinemarketing. Finally, the speaker will explore possible regulatory issues associated with certain usesof artificial intelligence and the SEC's proposed rule for investment advisers using predictive andartificial intelligence technology.

This course is intended for investment adviser representatives and investment adviser firmcompliance staff members wanting to understand the U.S. Securities and Exchange Commission's(SEC) Custody Rule 206(4)-2 under the Investment Advisers Act of 1940. The speaker will discussthe different authorizations and practices that result in an investment adviser firm having custodyover client funds and securities along with detailing the requirements to comply with Rule 206(4)-2.Equal attention will be given to the SEC's proposed Rule 223-1 Safeguarding Advisory Client Assets.The speaker will explain how the proposed rule deviates from and expands on the current CustodyRule along with potential challenges for complying with changes.

This one-hour course is designed for individuals who are involved in conducting, assisting and/orreviewing an investment adviser firm's annual compliance review. Although this course will delveinto the recent amendment to SEC Rule 206(4)-7, which mandates written documentation ofannual compliance reviews, it will also review the applicable requirements for state and federallyregistered investment advisers while offering insights and best practices for conductingcomprehensive reviews to ensure regulatory compliance and mitigate risks effectively.

This course is intended for investment adviser representatives and investment adviser firmcompliance staff members wanting to gain an understanding and implement a due diligence reviewprocess for service providers utilized by the firm to perform certain advisory functions. In October2022, the U.S. Securities and Exchange Commission (SEC) proposed Rule 206(4)-11, which wouldrequire SEC registered investment advisers to conduct both documented due diligence before hiring,and continued oversight of, third parties when outsourcing certain functions necessary to theadviser's provision of investment advice. The speaker will explain how the proposed Rule mayimpact investment adviser firms. The speaker will also discuss with attendees some of the bestpractices all investment adviser firms should currently have in place when performing due diligenceof service providers and the expectations of regulators. Equal attention will be given to the duediligence review process itself and what investment advisers should look for with each serviceprovider, including red flags, when performing such a review.