As the year draws to a close, it’s crucial for Investment Adviser Representatives (IARs) and Investment Advisers (IAs) to be acutely aware of the Investment Adviser Representative Continuing Education (IAR CE) requirements and the consequences of non-compliance. This blog post aims to highlight key points on what needs to be considered as we approach year-end, focusing on CE compliance, potential administrative terminations, and strategies for addressing these challenges. Understanding the Risks of Non-Compliance with IAR CE Requirements Potential Administrative Termination for IARs Two-Year Backlog Risk: IARs who are behind on their IAR CE for two years face the risk of […]
Continue readingMore TagTag: Compliance Management
Compliance Management
RegEd to Showcase Next-Generation Producer Management Solution at 2023 InsureTech Connect Conference
Xchange Producer Management delivers a single solution for all distribution channels, enabling rapid onboarding of agencies and agents to speed time to market. RegEd, the leading provider of compliance technology solutions to the financial services industry, including Xchange, the market-leading Enterprise Licensing and Registration solution, is proud to be a Silver Sponsor of the 2023 InsureTech Connect (ITC) Conference, held from Oct. 31-Nov. 2, in Las Vegas, NV. During the conference, RegEd will present its next-generation Xchange Producer Management solution, which was developed with input from some of the nation’s largest insurance companies. Jacob Spitzley, RegEd Director of Product Management, […]
Continue readingMore TagRegEd to Participate in 2023 AICP Annual Conference
RegEd, the leading provider of compliance technology solutions to insurance companies, broker-dealers and other financial services firms, is a proud Silver Level Sponsor and participant in the 2023 Association of Insurance Compliance Professionals’ (AICP) Annual Conference in Austin, TX, on Oct. 29 – Nov. 1, 2023. Conference attendees will learn about and discuss key issues facing compliance professionals at Property and Casualty and Life and Health companies. The event will bring together hundreds of senior insurance compliance professionals, regulators and industry thought leaders. “Breaking the Spell on Compliance and Discovering Your Magic” is the theme of this year’s AICP conference. […]
Continue readingMore TagRegEd to Exhibit Enterprise Compliance Solutions at 2023 NSCP National Conference
Attendees will have the opportunity to learn about the industry’s leading enterprise advertising compliance review solution, powered by advanced capabilities that integrate AI technology to drive speed to market and reduce risk. As the leading provider of regulatory technology solutions to the financial services industry, RegEd is a Platinum Member Sponsor and will exhibit its enterprise compliance platform at the 2023 National Society of Compliance Professionals (NSCP) National Conference in Dallas, TX, on Oct. 16-18. The annual NSCP National Conference offers dozens of sessions covering topics that are relevant to broker-dealers, investment advisers, private funds, and investment companies, and has […]
Continue readingMore TagNavigating Regulatory Disparities: Broker-Dealer Branch Office Inspections
Introduction The financial services industry is constantly evolving, and regulatory bodies play a pivotal role in protecting investors as well as maintaining the integrity and stability of the markets. Recent enforcement events are at the center of a regulatory conundrum. Maine has sanctioned at least 28 broker-dealers so far this summer for failing to conduct annual onsite branch office inspections, drawing attention to the compliance challenges broker-dealers faced due to the lack of uniformity within the regulatory landscape. Maine isn’t the only state with an annual onsite branch office inspection requirement. The Regulatory Dilemma The heart of the issue lies […]
Continue readingMore TagRegEd Recognized as a Top Innovator in the InsurTech Sector as a Member of the 2023 InsurTech100
The annual list identifies the world’s most innovative providers in the insurance technology market that are helping insurers address their most pressing compliance and operational challenges. RegEd, a leading provider of compliance and credentialing solutions for the insurance industry, is proud to announce its inclusion in the 2023 InsurTech100 list. This annual ranking, published by specialist research firm FinTech Global, highlights the most innovative and transformative technology companies reshaping the insurance sector. In an era marked by rapid digital transformation and evolving customer expectations, insurance firms face an ongoing struggle to modernize their services. InsurTech companies have emerged as vital […]
Continue readingMore TagRegulators Crackdown on Off-Channel Communications Violations
SEC and CFTC issue penalties for non-compliance with approved communication channel requirements Recent developments involving compliance breaches and off-channel communications have brought the topic into the spotlight. Two significant cases, one by the Commodity Futures Trading Commission (CFTC) and another by the Securities and Exchange Commission (SEC), underscore the importance of adhering to regulatory standards in this area. In this blog post, we dive into the details and implications of these recent enforcement cases and how firms can leverage training and technology to reduce non-compliance risk. CFTC’s Message: Unapproved Communication Methods Lead to Penalties The CFTC has taken a firm […]
Continue readingMore TagRegEd’s Advertising Compliance Solution Surpasses 5 Million Submissions
RegEd’s Enterprise Advertising Review achieves new milestone, propelled by continuous product innovation including the integration of AI and other advanced capabilities. RegEd, a leading provider of compliance solutions for financial services firms, has announced its Advertising Review Solution has surpassed 5 million review submissions. Following significant investment in expanding the solution’s capabilities, RegEd has continued to secure adoption by the leading firms in the industry, including six of the ten largest broker-dealers and four of the five largest banks in the US. The solution’s total submissions since inception increased by more than 25% in 2022, surpassing five million submissions just […]
Continue readingMore TagRegEd Announces Next-Generation Trade Supervision and Account Monitoring Solution to Advance Investor Protection
RegEd SmartCompli, Powered by InvestEdge, Delivers the Most Advanced, Comprehensive Solution in the Industry Today RegEd announced SmartCompli, which employs advanced technology and a proprietary data model that aggregates and normalizes trade, account and KYC data, from all major clearing and custody firms, as well as direct business. SmartCompli is integrated with RegEd’s market-leading Xchange Registration solution, enabling instant validation of advisor credentials to ensure that trades are made compliantly. This eliminates the need for firms to manage data exports on a continuous basis. Joe DiAngelo, EVP Sales at RegEd discussed the typical challenges confronting the industry. “Today firms have […]
Continue readingMore TagFAQs for IAR CE: What to Know About NASAA’s Investment Adviser Representative Continuing Education Model Rule
Several states have adopted and implemented investment adviser representative continuing education (IAR CE) requirements, while many other states continue to join them in implementing these new requirements. Once implemented, Investment adviser representatives have until the compliance date to meet IAR CE requirements if they conduct advisory business in a state that has adopted the North American Securities Administrators Association (NASAA)’s Investment Adviser Representative Continuing Education Model Rule. As an approved IAR CE provider, RegEd answers some of the most common questions that IARs and firms have about these first-time requirements. To see a map of adopted states, visit here. Implementing […]
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