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On this page, you will find all of the regulatory-specific information for IAR CE.
Our preferred method for public inquiries – including for all requests to reproduce or license NASAA content – is by email at the link below.
By Email:
You can submit a message to NASAA here.
By Mail:
North American Securities Administrators Association, Inc. (NASAA)
750 First Street, N.E., Suite 1140
Washington, D.C. 20002
By Phone:
(202) 737-0900
By Fax:
(202) 783-3571
Media Queries:
Contact NASAA’s Communications Office
(202) 737-0900
For any questions regarding a jurisdiction’s specific requirements, please contact that jurisdiction’s securities regulator. Contact information is available here.
Please note the following:
NASAA does not endorse any particular provider of CE courses. The content of the course and any views expressed are Kaplan’s, and do not necessarily reflect the views of NASAA or any of its member jurisdictions.
FAQ about the Investment Adviser Representative Continuing Education initiative.
https://www.nasaa.org/industry-resources/investment-advisers/resources/iar-ce-faq/
Credit Hours
Beginning in 2022, IARs will need to attain 12 CE credits each year to maintain their IAR registration. A “credit” is a unit that has been designated by NASAA to be at least 50 minutes of educational instruction. The 12 credits must include 6 credits of Products and Practices and 6 credits of Ethics and Professional Responsibility.
Reporting and Roster Fees
The course vendor/provider reports course completion to FINRA, NASAA’s vendor for program tracking. The IAR CE course reporting fee, also sometimes referred to as the roster fee, is $3 per credit hour.
Carry Over Hours
An IAR who completes more CE credits than are required for the year may not carry forward excess credits into a subsequent year.
Course Repetition
Duplicate courses will not count toward the IAR CE requirement, even if completed in another year. However, a duplicate course that has been updated with a new course number will provide the IAR with CE credit for that course. Every course that is taken must have a unique course ID.
Exam Rules
Online certification exams are open book. Course materials are available while the exam is in progress. The final exam must be passed with a score of 70% to receive CE credit. If the exam is not passed on the first attempt, students have two additional retakes for a maximum of three attempts.
Reporting Requirements
Credits must be reported within 10 days of class completion. Reporting is done twice a week. Must have IARs Central Registration Depository (CRD) number to report.
Notice
This information is based on state laws and regulations and is subject to change. Kaplan Financial Education makes every effort to make sure this information is current and accurate, however, Kaplan Financial Education is not engaged in rendering legal or professional advice and shall not be held responsible for inaccuracies contained herein.
