MILWAUKEE –October 28, 2021– Quest CE, premier provider of compliance training and tracking technology solutions, today announced that it has been approved by Prometric, on behalf of the North American Securities Administrators Association (NASAA), to offer investment adviser representative continuing education (IAR CE).
Adopted last year, NASAA’s model rule requires IARs to complete 12 credits of continuing education on an annual basis in jurisdictions that choose to adopt the model rule. Of the 12 credits that must be completed, six (6) of those need to cover Products and Practice Content and six (6) need to cover Regulatory and Ethics Content. Content can only be offered by an Authorized Provider. The IAR CE requirement takes effect January 1, 2022, when the first states implement the model rule.
Come January, affected IARs will be able to easily access and complete their continuing education through Quest CE’s retail website. Additionally, firms will have the option to create a continuing education program on behalf of their advisers to track credit reporting. These firm-sponsored programs can be combined with other continuing education and compliance management services.
“We look forward to working alongside NASAA and Prometric as we continue to serve our mission to offer quality training solutions to the financial services industry,” said Quest CE EVP of Sales, Marketing and Client Services, Alex Krenke. “Based on our experience and national recognition for our online continuing education programs, we feel confident in our ability to help comply with this newly adopted CE requirement.”
To become an authorized provider, companies are evaluated based on several key criteria, including professional experience; program management capabilities, course curriculum, course upkeep, environment and infrastructure, and learning management registration and attendance policies. With the approval underway, Quest CE is currently in the process of building out its IAR course catalog. *
* Quest CE is currently in the process of filing content with Prometric. Only the courses that have been approved by Prometric and NASAA will be offered for CE credit. Not all courses offered by Quest CE will be eligible for IAR CE credit.
About Quest CE
For over thirty years, Quest CE has been the premier provider of compliance training and tracking solutions to the financial services industry. In addition to offering on-demand insurance and designation continuing education, Quest CE provides a complete spectrum of proprietary technology solutions for managing compliance risk exposures.
Serving more than 2,000 leading insurance carriers, broker-dealers, banks, and other financial institutions, Quest CE is committed to providing advanced custom solutions at cost effective rates, while providing a level of service that greatly surpasses that of our competitors. Quest CE is the single source solution for organizations’ training and compliance needs. For more information on Quest CE, visit www.questce.com.