MILWAUKEE – Quest CE, premier provider of compliance training and tracking technology solutions, today announced the addition of the new Firm Element course, “Reg BI Considerations for Variable Annuity Recommendations,” to its e-learning catalog.
Variable annuities have been under regulatory scrutiny long before Regulation Best Interest was introduced. However, because these investments are so complex and often carry high costs, it is essential that broker-dealers and RRs understand how the best interest standard applies to each moving part of a variable annuity contract recommendation. This course aims to connect the provisions of Reg BI’s care, conflict, and disclosure obligations with the recommendations surrounding the purchase and sale of variable annuities to retail customers by registered representatives of FINRA member broker-dealers.
Course Topics Include:
- General Obligation Reminders
- Variable Annuities at a Glance
- Hybrid RRS and IAR Considerations
- Care Obligation
- Determining the Best Interest of the Client
- Variable Annuity Specifics
- Reasonable Available Alternatives
- Conflict of Interest
- Inherent Conflicts
- “Strategic Partnerships,” Sales Contents, and Non-Cash Compensation
- Disclosure Obligation Considerations
For questions regarding this or other Firm Element courses, please contact a Quest CE Sales Executive at 877-593-3366 or e-mail firstname.lastname@example.org. To view Quest CE’s Firm Element course catalog, click here.
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 1,000 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.