Regulatory Notice August 20, 2024

FINRA Rule 1240 Continuing Education: Annual Regulatory Element Updates

FINRA updated the content for the annual Regulatory Element of the continuing education program under Rule 1240, reflecting current regulatory developments.

The updated content covers Regulation Best Interest obligations, anti-money laundering developments, cybersecurity awareness, and off-channel communications compliance.

Under the current CE framework, registered representatives must complete the Regulatory Element annually, replacing the previous three-year cycle that ended in 2023.

Firms should ensure all registered persons are aware of the updated content requirements and complete their Regulatory Element obligations within the annual compliance window.

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