The start of 2023 has brought forth a wave of states that have adopted NASAA’s IAR CE rule that requires registered investment advisors to complete 12 continuing education credits before the end of the year. Last year, RIAs in Maryland, Mississippi, and Vermont were amongst the first to complete 12 hours of CE (6 credits in ethics, 6 credits in IAR-related products) before December 31st or face consequences such as an ‘inactive’ or ‘ineligible’ status.

The states joining the original three in 2023 are:

  • Wisconsin
  • Arkansas
  • Kentucky
  • Michigan
  • Oklahoma
  • Oregon
  • South Carolina
  • Washington, D.C.

Registered investment advisors in any of the eleven states mentioned above are now required to complete the 12 credits of NASAA-approved training before the end of the year. The model rule is intended to help RIAs better serve their clients by fully understanding the current regulatory compliance requirements and best practices in their area of expertise. Click here to learn more about the requirements and find a catalog of NASAA-approved courses to apply to your program.