The Securities Industry/Regulatory Council on Continuing Education (CE Council) is seeking comments on enhancements under consideration for the continuing education requirements for registered persons, according to an announcement from the Financial Industry Regulatory Authority.
The CE Council — composed of representatives of the securities industry and securities industry self-regulatory organizations, including FINRA—develops uniform continuing education requirements for registered persons of broker-dealers.
According to John Kalohn, FINRA’s vice president for testing and continuing education, FINRA supports the CE Council’s efforts to solicit industry comments for further improvements.
“Changes in technology and learning theory have created new opportunities to increase efficiencies and offer greater flexibility to industry professionals,” Kalohn said in a statement.
The CE Program consists of two parts, a regulatory element and a firm element.
The regulatory element, which is administered by FINRA, focuses on regulatory requirements and industry standards. The firm element, developed and administered by each broker-dealer, focuses on securities products, services and strategies offered by broker-dealers, among other topics such as firm policies and industry trends.
The goal of the two-part CE Program has been to provide targeted educational material that facilitates registered persons maintaining adequate knowledge and understanding of the rules and practices necessary to perform their registered activities.