Firm Element • Insurance Continuing Education • CFP Continuing Education • NASD Exam Preparation • Insurance Pre-Licensing • Ethics • Anti-Money Laundering Training
About RegEd
RegEd (www.RegEd.com) is the leading provider of continuing education and proven web-based
compliance systems to the financial services industry. Founded more than 10 years ago by former
securities industry regulators and attorneys, RegEd is driven by technology innovation and has
developed an intelligent line of web-based products that efficiently handle compliance regulations
for clients. RegEd’s extensive course catalog is used by more than 300,000 registered representatives
and insurance agents at more than 600 financial services and insurance companies, more than any
other vendor.
The publisher may make courses unavailable when regulatory changes necessitate content updates.
Please Check the RegEd website (www.RegEd.com) for the current list of available courses.
The Industry’s Most Powerful
Compliance Management
Solutions
Using the most advanced technologies available, in combination with a depth of regulatory compliance expertise, RegEd delivers
industry-leading, enterprise-wide systems for insurance agent and registered representative compliance. RegEd’s suite of tailorable
solutions automate every step, process and procedure required for the federal and state compliance associated with your registered
representatives and insurance agents.
Compliance Management
ACM OnDemandTM On Demand Webcast Saves Time and Money
RegEd’s ACM OnDemand provides clients with a seamless solution for conducting their Annual Compliance Meetings (ACMs). On November
30, 2006 the NASD issued an interpretation to Rule 3010(a)(7) that provides firms with greater flexibility to satisfy the ACM requirement.
Firms can now use “on-demand” webcast technology to deliver their ACMs to their registered representatives, without using a live facilitator,
provided certain technological safeguards are followed. ACM OnDemand will enable a firm of any size to comply with the NASD’s require-
ments as well as allow firms to save time and travel expenses.
Insurance Pre-Licensing
In concert with our partner ABLE Incorporated, the nation’s preeminent provider of insurance pre licensing products and services, RegEd
offers a full suite of course material and programs designed to accommodate every learning style.
I. Banking 1
II. General 5
III. Institutional 15
V. Investment Advisor 51
VI. Securities 85
For more information about RegEd’s products and services, phone 800.334.8322,
visit www.RegEd.com, email sales@reged.com or mail in the attached request and
we will send you the printed material. Catalog Publication Date, November 2006
New Courses for 2007
Practical Estate Planning, Second Edition [PEP_06]
This course explains wills, advance directives, annuities, insurance, gifts, trusts and their functions as estate
planning devices. The course provides an in-depth discussion of topics such as estate taxation, components
of a will, gift giving, use of trusts, use of life insurance, use of annuities, suitability of recommendations and
consumer protection.
May qualify for insurance or professional designation continuing education credit.
Regulation SHO
Regulation SHO explains the rules governing short selling and their applicability to institutional investors.
The course discusses threshold securities, marking requirements, and the amendments proposed in 2006
designed to reduce the number of persistent failures to deliver by eliminating the grandfather provision
and narrowing the options market maker exception.
Ethical Issues
Ethical Issues looks at real-world ethical concerns encountered by registered representatives and insurance
agents in their day-to-day interaction with customers. Provided as a series of case studies, the course
presents the student with ethical issues and asks that he or she apply fundamental ethical principles to
them. An ethical analysis of each situation is then offered.
May qualify for insurance or professional designation continuing education credit.
2007 Course Catalog
Supervisory Controls
Supervisory Controls addresses the supervisory control requirements imposed on member firms
under NASD Rules 3012 and 3013. The course discusses the background leading to the creation of
these rules, including the Gruttadauria case, and the relationship of the new Rules to NASD Rule
3010. It examines the mandates of the new Rules, including the requirements for an annual report
to management, the supervisory review of producing managers’ customer account activity, the
designation of a chief compliance officer and the annual CEO certification to the NASD.
Financial Planning
Financial Planning examines the overall financial planning process and considers the
requirement for, as well as the principles and methods of, budgeting, education planning,
investment planning, insurance planning, tax planning and retirement planning.
May qualify for insurance or professional designation continuing education credit.
II. General 5
III. Institutional 15
V. Investment Advisor 51
VI. Securities 85
Notes
I. Banking
Availability of Funds and Collection of Checks:
A Guide to Regulation “CC” [102]
This course highlights requirements of Regulation CC that have caused compliance concerns and
discusses how to provide a policy disclosure that accurately reflects the practices followed by
your institution.
1
2007 Course Catalog
I. Banking
OFAC [80]
This course is an introduction to the Office of Foreign Asset Control compliance. It defines
OFAC’s purpose, outlining the OFAC regulations, procedures and penalties for non-compliance.
Regulation B [88]
This course will educate the learner on the impact of Regulation B, in which the SEC will further
implement some of the provisions of the Gramm-Leach-Bliley Act that delineate the securities
activity banks may engage in without registering as brokers. Regulation B creates a number
of new exemptions for particular bank activities and broadens already existing exemptions
available to banks, savings associations and savings banks that effect transactions in securities.
2
I. Banking
3
Notes
4
II. General
Basic Background for Needs Selling [eLIBN]
This course is an introduction to the needs selling concept to the new agent. It explains property
ownership, its disposition and the types of problems associated with different ownership
arrangements, use of wills and trusts, Social Security and employee benefits. Each of the lessons
contain a section where specific knowledge is taught, which can be used to disturb prospects
during an approach talk, thereby convincing them to review their present situations. A higher
percentage of appointments for data gathering sessions is the goal.
May qualify for insurance or professional designation continuing education credit.
5
2007 Course Catalog
II. General
6
II. General
Diversification [70]
This course examines diversification risk and its implications and provides explanations of the
different layers of diversification. It also covers products, a vehicle utilized in diversification
strategy and explains factors involved in selecting them.
May qualify for insurance or professional designation continuing education credit.
7
2007 Course Catalog
II. General
Economic Growth and Tax Relief Reconciliation Act of 2001, The [eliTRR]
This course explains the main provisions in the monumental Economic Growth and Tax
Relief Reconciliation Act (EGTRRA) of 2001 as amended by the Jobs and Growth Tax Relief
Reconciliation Act (JGTRRA) of 2003. It focuses on the critical changes involving income, estate
and gift tax, retirement planning, the implications for individuals and the opportunities and
pitfalls facing financial service professionals over the next decade.
May qualify for insurance or professional designation continuing education credit.
8
II. General
9
2007 Course Catalog
II. General
10
II. General
Jobs and Growth Tax Relief Reconciliation Act of 2003, The [eLIJGTR]
This course covers the key provisions of the Jobs and Growth Tax Relief Reconciliation Act
of 2003 (JGTRRA), designed to stimulate the economy with resulting tax savings for both
individuals and businesses and how it creates tax planning opportunities for investors. Although
JGTRRA accelerates several tax breaks originally included in the Economic Growth and Tax Relief
Reconciliation Act of 2001 (EGTRRA), certain provisions are subject to phase-outs and sunsets.
May qualify for insurance or professional designation continuing education credit.
11
2007 Course Catalog
II. General
12
II. General
13
Notes
14
III. Institutional
401(k) Plans and SIMPLEs [eLI401K]
This course focuses on two of the most popular types of tax-qualified retirement plans: the 401(k)
and the SIMPLE (Savings Incentive Match Plan for Employees), the benefits, legal requirements,
design and operation of each type of plan. It also explores various types of investments, plan
investment criteria and selection for 401(k) s and SIMPLEs.
May qualify for insurance or professional designation continuing education credit.
15
2007 Course Catalog
III. Institutional
Diversification [70]
This course examines risk and its implications and provides explanations of the different layers
of diversification. It also covers products and a vehicle utilized in diversification strategy.
Included in this course are insurance products and implications for client relationships.
May qualify for insurance or professional designation continuing education credit.
Economic Growth and Tax Relief Reconciliation Act of 2001, The [eLITRR]
This course explains the main provisions in the monumental Economic Growth and Tax
Relief Reconciliation Act (EGTRRA) of 2001 as amended by the Jobs and Growth Tax Relief
Reconciliation Act (JGTRRA) of 2003. It focuses on the critical changes involving income, estate
and gift tax, retirement planning, the implications for individuals, and the opportunities and
pitfalls facing financial service professionals over the next decade.
May qualify for insurance or professional designation continuing education credit.
16
III. Institutional
Ethics [20]
This course describes the role of regulation and its guidance of ethical standards in the industry,
regulatory structure and role of self-regulation in establishing ethical standards and regulatory
standards. General ethical and legal considerations applicable to the handling of customer
accounts, suitability information, dealing with unsophisticated customers, making disclosures to
customers and avoiding abuses are reviewed.
May qualify for insurance or professional designation continuing education credit.
17
2007 Course Catalog
III. Institutional
18
III. Institutional
Money Laundering:
The Institutional Broker-Dealer Perspective, Forth Edition [35INST_4]
This course provides tips to salespersons and others servicing institutional accounts on how to
spot actual money laundering behavior and pointers for preventing potential money launderers
from taking advantage of the firm. Items useful for compliance, monitoring and education
programs are highlighted.
19
2007 Course Catalog
III. Institutional
NASD Issues and Concerns Regarding Bonds and Bond Funds [76]
This course focuses solely on various bond types that include: fixed rate debt securities, taxable
and non-taxable bonds, corporate, municipal and asset-backed bonds and bond funds. Also
discusses NASD’s Notice to Members reminding firms of their obligation to adequately train and
supervise employees who sell bonds.
OFAC [80]
This course is an introduction to the Office of Foreign Asset Control Compliance. It defines
OFAC’s purpose, outlining the OFAC regulations, procedures and penalties for non-compliance.
Options [6]
This course examines the mechanics of trading of stock options on the exchanges and
the trading characteristics of exchange-traded options. Functions of the Option Clearing
Corporation are explained. Investor objectives and regulatory considerations for stock options
and abuses are considered.
May qualify for insurance or professional designation continuing education credit.
20
III. Institutional
21
2007 Course Catalog
III. Institutional
22
III. Institutional
23
Notes
24
IV. Insurance & Financial Planning
401(k) Plans and SIMPLEs [eLI401K]
This course focuses on two of the most popular types of tax-qualified retirement plans: the
401(k) and the SIMPLE (Savings Incentive Match Plan for Employees). It explores various types of
investments, plan investment criteria and selection for 401(k) s and SIMPLEs.
May qualify for insurance or professional designation continuing education credit.
Annuities [eLIANN]
This course covers annuity concepts, taxation of annuity products, product profiles and annuity
sales applications. Appropriate for agents who are moving into the annuity market or who are
already in the market and desire to increase their basic knowledge of the product.
May qualify for insurance or professional designation continuing education credit.
25
2007 Course Catalog
IV. Insurance & Financial Planning
26
IV. Insurance & Financial Planning
27
2007 Course Catalog
IV. Insurance & Financial Planning
28
IV. Insurance & Financial Planning
29
2007 Course Catalog
IV. Insurance & Financial Planning
Diversification [70]
This course examines risk and its implications and provides explanations of the different layers
of diversification. It also covers products and a vehicle utilized in diversification strategy.
Included in this course are insurance products and implications for client relationships.
May qualify for insurance or professional designation continuing education credit.
30
IV. Insurance & Financial Planning
Ethics IV, Case Studies in Ethics for Retail Sales Professionals [20C]
This course uses a case study approach to present ethical and regulatory dilemmas and how to
avoid and/or properly resolve them. Geared to those engaged in the sale of financial products
and services to retail customers.
May qualify for insurance or professional designation continuing education credit.
31
2007 Course Catalog
IV. Insurance & Financial Planning
32
IV. Insurance & Financial Planning
33
2007 Course Catalog
IV. Insurance & Financial Planning
34
IV. Insurance & Financial Planning
35
2007 Course Catalog
IV. Insurance & Financial Planning
36
IV. Insurance & Financial Planning
37
2007 Course Catalog
IV. Insurance & Financial Planning
38
IV. Insurance & Financial Planning
Medicaid [eLIMDD]
This course is an overview of Medicaid and what distinguishes it from Medicare. The federal and
state roles are compared and eligibility is explained. There is a review of the services provided
and recent changes which have taken effect.
May qualify for insurance or professional designation continuing education credit.
Medicare [eLIMDC]
This course describes the purpose of Medicare and the rules governing eligibility and
enrollment. There is an explanation on the differences between Part A and Part B coverage and
the Medicare appeals process.
May qualify for insurance or professional designation continuing education credit.
Medigap [eLIMDG]
This course discusses the rules governing the original Medicare program and the role Medigap
policies play in relation to the Medicare program.
May qualify for insurance or professional designation continuing education credit.
39
2007 Course Catalog
IV. Insurance & Financial Planning
40
IV. Insurance & Financial Planning
41
2007 Course Catalog
IV. Insurance & Financial Planning
42
IV. Insurance & Financial Planning
43
2007 Course Catalog
IV. Insurance & Financial Planning
44
IV. Insurance & Financial Planning
45
2007 Course Catalog
IV. Insurance & Financial Planning
46
IV. Insurance & Financial Planning
47
2007 Course Catalog
IV. Insurance & Financial Planning
48
IV. Insurance & Financial Planning
49
2007 Course Catalog
IV. Insurance & Financial Planning
Retirement Planning for Seniors: Helping Our Clients Take Charge (123)
This course presents the basics of financial planning for those clients and prospects who are at or near
retirement, the already retired, and for their family members. Much of this will also be relevant for
those planning for a more distant retirement.
May qualify for insurance or professional designation continuing education credit.
50
V. Investment Advisor
401(k) Plans and SIMPLEs [eLI401K]
This course focuses on two of the most popular types of tax-qualified retirement plans: the 401(k)
and the SIMPLE (Savings Incentive Match Plan for Employees), the benefits, legal requirements,
design and operation of each type of plan. It also explores various types of investments, plan
investment criteria and selection for 401(k) s and SIMPLEs.
May qualify for insurance or professional designation continuing education credit.
51
2007 Course Catalog
V. Investment Advisor
52
V. Investment Advisor
53
2007 Course Catalog
V. Investment Advisor
Customer Disclosure: The Interagency Statement and NASD Rule 2350 [43]
This course covers the required disclosures and is essential for financial professionals involved in
the banking industry. The course is extremely useful for personnel at banks and bank-affiliated
broker-dealers, as it covers disclosures and behaviors necessary to ensure compliance with the
Interagency Statement and NASD Rule 2350.
May qualify for insurance or professional designation continuing education credit.
54
V. Investment Advisor
Diversification [70]
This course examines risk and its implications and provides explanations of the different layers of
diversification. It also covers products and a vehicle utilized in diversification strategy. Included
in this course are insurance products and implications for client relationships.
May qualify for insurance or professional designation continuing education credit.
55
2007 Course Catalog
V. Investment Advisor
Ethics [05Mini_Ethic]
This course is intended to generally reinforce your awareness of ethical issues. Specific issues
range from research analyst conflicts of interest to discriminatory information and trading
privileges afforded to the largest mutual fund shareholders.
Ethics [20]
This course describes the role of regulation and its guidance of ethical standards in the industry,
regulatory structure and role of self-regulation in establishing ethical standards and regulatory
standards. General ethical and legal considerations applicable to the handling of customer
accounts, suitability information, dealing with unsophisticated customers, making disclosures
to customers and avoiding abuses are reviewed.
May qualify for insurance or professional designation continuing education credit.
Ethics IV, Case Studies in Ethics for Retail Sales Professionals [20C]
This course uses a case study approach to present ethical and regulatory dilemmas and how to
avoid and/or properly resolve them. Geared to those engaged in the sale of financial products
and services to retail customers.
May qualify for insurance or professional designation continuing education credit.
56
V. Investment Advisor
57
2007 Course Catalog
V. Investment Advisor
58
V. Investment Advisor
59
2007 Course Catalog
V. Investment Advisor
Margins [26]
This course outlines the background of the regulatory requirements imposed by the Federal
Reserve Board and reviews the requirements of Regulation T and the rules of the self-regulatory
organizations governing maintenance margin requirements. The use of special memorandum
accounts, the concept of “purchasing power,” and the granting of margin extensions are also
discussed.
May qualify for insurance or professional designation continuing education credit.
Margins II [26A]
This course is an overview of permissible activities in cash and margin accounts, initial and
maintenance margin requirements and meeting calls. Account documentation and disclosure
issues, suitability and risk management considerations are discussed.
May qualify for insurance or professional designation continuing education credit.
60
V. Investment Advisor
61
2007 Course Catalog
V. Investment Advisor
Options [6]
This course examines the mechanics of trading of stock options on the exchanges and the
trading characteristics of exchange-traded options. Functions of the Option Clearing Corporation
are explained. Investor objectives and regulatory considerations for stock options and abuses
are considered.
May qualify for insurance or professional designation continuing education credit.
Options II [6A]
This course is designed for individuals who primarily service retail clients and have basic
knowledge of options products and how they work. The student is provided examples of certain
popular listed options and options strategies. The course provides an overview of certain margin
and tax considerations. It also outlines regulatory requirements pertaining to documentation,
suitability and communications with the public.
May qualify for insurance or professional designation continuing education credit.
62
V. Investment Advisor
63
2007 Course Catalog
V. Investment Advisor
Regulation M [5]
This course discusses the history of SEC Rule 10-b and other SEC rules that have been replaced
by Regulation M. Restricted trading periods for underwriters and issuers, limitations on passive
market-making activities during a distribution and restrictions on stabilizing activities are also
addressed.
64
V. Investment Advisor
65
2007 Course Catalog
V. Investment Advisor
66
V. Investment Advisor
67
2007 Course Catalog
V. Investment Advisor
68
V. Investment Advisor
69
2007 Course Catalog
V. Investment Advisor
Economic Growth and Tax Relief Reconciliation Act of 2001, The [56]
This course covers individual income tax rate reductions and other income tax relief, changes
relating to IRAs and pension plans and the new estate and gift tax provisions. Designed for
registered representatives who are seeking a general education regarding the new tax act to
better assist their clients.
May qualify for insurance or professional designation continuing education credit.
Economic Growth and Tax Relief Reconciliation Act of 2001, The [eLITRR]
This course explains the main provisions in the monumental Economic Growth and Tax
Relief Reconciliation Act (EGTRRA) of 2001 as amended by the Jobs and Growth Tax Relief
Reconciliation Act (JGTRRA) of 2003. It focuses on the critical changes involving income, estate
and gift tax, retirement planning, the implications for individuals, and the opportunities and
pitfalls facing financial service professionals over the next decade.
May qualify for insurance or professional designation continuing education credit.
70
V. Investment Advisor
71
2007 Course Catalog
V. Investment Advisor
72
V. Investment Advisor
73
2007 Course Catalog
V. Investment Advisor
Jobs and Growth Tax Relief Reconciliation Act of 2003, The [JGTR]
This course covers the key provisions of the Jobs and Growth Tax Relief Reconciliation Act
of 2003 (JGTRRA), designed to stimulate the economy with resulting tax savings for both
individuals and businesses and how it creates tax planning opportunities for investors. Although
JGTRRA accelerates several tax breaks originally included in the Economic Growth and Tax Relief
Reconciliation Act of 2001 (EGTRRA), certain provisions are subject to phase-outs and sunsets.
May qualify for insurance or professional designation continuing education credit.
74
V. Investment Advisor
75
2007 Course Catalog
V. Investment Advisor
NASD Issues and Concerns Regarding Bonds and Bond Funds [76]
This course focuses solely on various bond types that include: fixed rate debt securities, taxable
and non-taxable bonds, corporate, municipal and asset-backed bonds and bond funds. Also
discusses NASD’s Notice to Members reminding firms of their obligation to adequately train and
supervise employees who sell bonds.
OFAC [80]
This course is an introduction to the Office of Foreign Asset Control Compliance. It defines
OFAC’s purpose, outlining the OFAC regulations, procedures and penalties for non-compliance.
76
V. Investment Advisor
77
2007 Course Catalog
V. Investment Advisor
78
V. Investment Advisor
79
2007 Course Catalog
V. Investment Advisor
Annuities [eLIANN]
This course covers annuity concepts, taxation of annuity products, product profiles and annuity
sales applications. Appropriate for agents who are moving into the annuity market or who are
already in the market and desire to increase their basic knowledge of the product.
May qualify for insurance or professional designation continuing education credit.
80
V. Investment Advisor
81
2007 Course Catalog
V. Investment Advisor
82
V. Investment Advisor
83
2007 Course Catalog
V. Investment Advisor
84
VI. Securities
Business Conduct for Supervisors[eLIBCS]
This course alerts supervisors to the increased necessity of supervision in the area of business
conduct. Part I reviews the supervisory structure, including NASD requirements and penalties,
the need to recognize red flags and the need for heightened supervision of certain personnel.
Part II reviews the principal types of misconduct and such violations as trading ahead, free riding
and coordination.
85
2007 Course Catalog
VI. Securities
86
VI. Securities
Customer Disclosure: The Interagency Statement and NASD Rule 2350 [43]
This course covers the required disclosures and is essential for financial professionals involved in
the banking industry. The course is extremely useful for personnel at banks and bank-affiliated
broker-dealers, as it covers disclosures and behaviors necessary to ensure compliance with the
Interagency Statement and NASD Rule 2350.
May qualify for insurance or professional designation continuing education credit.
87
2007 Course Catalog
VI. Securities
Economic Growth and Tax Relief Reconciliation Act of 2001, The [56]
This course covers individual income tax rate reductions and other income tax relief, changes
relating to IRAs and pension plans and the new estate and gift tax provisions. Designed for
registered representatives who are seeking a general education regarding the new tax act to
better assist their clients.
May qualify for insurance or professional designation continuing education credit.
88
VI. Securities
Economic Growth and Tax Relief Reconciliation Act of 2001, The [eLITRR]
This course explains the main provisions in the monumental Economic Growth and Tax
Relief Reconciliation Act (EGTRRA) of 2001 as amended by the Jobs and Growth Tax Relief
Reconciliation Act (JGTRRA) of 2003. It focuses on the critical changes involving income, estate
and gift tax, retirement planning, the implications for individuals, and the opportunities and
pitfalls facing financial service professionals over the next decade.
May qualify for insurance or professional designation continuing education credit.
Effective Supervision:
Interviewing, Hiring and Terminating Registered Representatives [eLIIHT]
This course is a general discussion of supervisors’ responsibilities in hiring and retaining
registered representatives and includes an examination of interviewing, supervision after
hiring, heightened supervision, continuing education, consequences of failing to supervise and
safe harbor and prohibited practices. The final section discusses considerations in terminating
registered representatives.
89
2007 Course Catalog
VI. Securities
Ethics [20]
This course describes the role of regulation and its guidance of ethical standards in the industry,
regulatory structure and role of self-regulation in establishing ethical standards and regulatory
standards. General ethical and legal considerations applicable to the handling of customer
accounts, suitability information, dealing with unsophisticated customers, making disclosures to
customers and avoiding abuses are reviewed.
May qualify for insurance or professional designation continuing education credit.
90
VI. Securities
91
2007 Course Catalog
VI. Securities
92
VI. Securities
Floor Communications:
Conducting a Public Business on the NYSE Trading Floor [05Mini_FloorCom]
This course will teach the student what constitutes a public business, the qualification
requirements for members conducting public business on the floor, qualification and supervisory
requirements, compliance responsibilities of members who conduct public business on the floor
and the topics of handling errors, knowing your customer and the use of portable phones on the
trading floor.
93
2007 Course Catalog
VI. Securities
94
VI. Securities
95
2007 Course Catalog
VI. Securities
96
VI. Securities
Margins [26]
This course outlines the background of the regulatory requirements imposed by the Federal
Reserve Board and reviews the requirements of Regulation T and the rules of the self-regulatory
organizations governing maintenance margin requirements. The use of Special Memorandum
Accounts, the concept of “purchasing power,” and the granting of margin extensions are also
discussed.
May qualify for insurance or professional designation continuing education credit.
Margins II [26A]
This course is an overview of permissible activities in cash and margin accounts, initial and
maintenance margin requirements and meeting calls. Account documentation and disclosure
issues, suitability and risk management considerations are discussed.
May qualify for insurance or professional designation continuing education credit.
97
2007 Course Catalog
VI. Securities
98
VI. Securities
99
2007 Course Catalog
VI. Securities
NASD Issues and Concerns Regarding Bonds and Bond Funds [76]
This course focuses solely on various bond types that include: fixed rate debt securities, taxable
and non-taxable bonds, corporate, municipal and asset-backed bonds and bond funds. Also
discusses NASD’s Notice to Members reminding firms of their obligation to adequately train and
supervise employees who sell bonds.
OFAC [80]
This course is an introduction to the Office of Foreign Asset Control Compliance. It defines OFAC’s
purpose, outlining the OFAC regulations, procedures and penalties for non-compliance.
100
VI. Securities
Options [6]
This course examines the mechanics of trading of stock options on the exchanges and the
trading characteristics of exchange-traded options. Functions of the Option Clearing Corporation
are explained. Investor objectives and regulatory considerations for stock options and abuses
are considered.
May qualify for insurance or professional designation continuing education credit.
Options II [6A]
This course is designed for individuals who primarily service retail clients and have basic
knowledge of options products and how they work. The student is provided examples of certain
popular listed options and options strategies. The course provides an overview of certain margin
and tax considerations. It also outlines regulatory requirements pertaining to documentation,
suitability and communications with the public.
May qualify for insurance or professional designation continuing education credit.
101
2007 Course Catalog
VI. Securities
102
VI. Securities
Regulation M [5]
This course discusses the history of SEC Rule 10-b and other SEC rules that have been replaced
by Regulation M. Restricted trading periods for underwriters and issuers, limitations on passive
market-making activities during a distribution and restrictions on stabilizing activities are also
addressed.
103
2007 Course Catalog
VI. Securities
104
VI. Securities
VI. Securities
Supervision [22]
This course examines the scope of the supervisory requirement and its application to specific
situations. Also surveys SEC pronouncements on the roles of particular supervisors, from the
president of broker-dealers to branch office managers.
106
VI. Securities
107
2007 Course Catalog
VI. Securities
108
VI. Securities
109
2007 Course Catalog
VI. Securities
110
Financial Training
I. NASD Exam Preparation 113
111
Notes
112
I. NASD Exam Preparation
NASD Exam Prep Series 6
(Investment Company/ Variable Contracts Representative) [EP_S6]
This course covers investment securities; securities markets; economic factors, investment risks
and portfolios; investment companies; marketing mutual fund shares, types of accounts and
computation of sales charges; comparing mutual funds; variable annuities and life insurance;
taxation; retirement plans; and federal securities regulations, including regulations of the NASD.
113
2007 Course Catalog
NASAA Exam Prep Series 63 (Uniform Securities State Law Exam) [EP_S63]
This course covers the Uniform Securities Act; federal and state regulations; registration of broker-
dealers, agents, investment advisors and investment advisor representatives; definitions of exempt
securities and exempt transactions; fraudulent and other prohibited business practices; regulatory
oversight; criminal penalties; and civil penalties.
NASAA Exam Prep Series 66 (Uniform Combined State Law Exam) [EP_S66]
This course covers the Uniform Securities Act; federal and state regulations; registration of broker-
dealers, agents, investment advisors and investment advisor representatives; definitions of exempt
securities and exempt transactions; fraudulent and other prohibited business practices; regulatory
oversight; criminal penalties; civil penalties; investment advisor regulations, including SEC Release IA-
1092; investment analysis; and suitability.
Note: A person seeking to take this course should contact either the state administrator or compliance
department at their firm to see if their state utilizes the Series 66. In addition, the Series 7 is a co-requisite for
this exam in most states.
114
II. Insurance Pre-licensing
Listen UP! Life and Health and/or Property and Casualty
Listen UP! is an audio CD that dynamically presents important insurance concepts, concentrating
on areas that have proven to be difficult for many students. The interactive conversational format
entertains as well as educates.
The Life and Health course covers principles of insurance; types of life insurance policies;
annuities; life insurance policy provisions; taxation of life insurance; types of health insurance
policies; health insurance provisions; and other health insurance concepts.
The Property and Casualty course covers insurance basics; dwelling policy; homeowners policy;
auto insurance; business policy; commercial package policy; workers compensation; and other
coverages.
By simulating every aspect of the exam; visuals, question content, question format and
functionality of the test, The Exam Simulator ensures there are no surprises come test day.
The Exam Simulator PASS Package for Life and Health and/or Property
and Casualty
The Exam Simulator PASS Package combines our comprehensive, state-specific study guide
with the interactive learning tools of the Exam Simulator. This traditional approach to learning
is one of the most powerful forms of study on the market today. It combines the flexibility and
portability of printed material with the customized functionality of computer-based training.
The Life and Health course covers principles of insurance; types of life insurance policies;
annuities; life insurance policy provisions; taxation of life insurance; types of health insurance
policies; health insurance provisions; other health insurance concepts; and each state’s specific
rules and regulations. In addition, the package does so using the state’s testing provider outline
to ensure proper coverage of topics.
The Property and Casualty course covers insurance basics; dwelling policy; homeowners policy;
auto insurance; business policy; commercial package policy; workers compensation; other
coverages; and each state’s specific rules and regulations. In addition, the package does so
using the state’s testing provider outline to ensure proper coverage of topics.
115
2007 Course Catalog
Insurance Pre-Licensing
ExamFX accommodates the different speeds and styles in which each new recruit learns. ExamFX
brings the material to life with audio introductions, rich multimedia presentations, interactive
games and glossary, and much, much more.
The Life and Health course covers principles of insurance; types of life insurance policies;
annuities; life insurance policy provisions; taxation of life insurance; types of health insurance
policies; health insurance provisions; other health insurance concepts; and each state’s specific
rules and regulations. In addition, the package does so using the state’s testing provider outline
to ensure proper coverage of topics.
The Property and Casualty course covers insurance basics; dwelling policy; homeowners policy;
auto insurance; business policy; commercial package policy; workers compensation; other
coverages; and each state’s specific rules and regulations. In addition, the package does so using
the state’s testing provider outline to ensure proper coverage of topics.
116
Course Index
Firm Element and Insurance CE
I. Banking 1
Availability of Funds and Collection of Checks: A Guide to Regulation “CC” [102] __________________ 1
Check 21: Customer Service and Teller Personnel Training [82A] ____________________________ 1
Check 21: Operations Personnel Training [82] _______________________________________ 1
Collection of Checks and Funds Transfers: A Guide to Regulation “J” [101] ______________________ 1
Electronic Fund Transfers: A Guide to Regulation “E” [99] ________________________________ 1
Home Mortgage Disclosure: A Guide to Regulation “C” [104] ______________________________ 1
Initial Public Offerings [eLIIPO] _______________________________________________ 1
IPO Allocations, Best Practices in [72] ___________________________________________ 1
New and Secondary Offerings [eLINSO] __________________________________________ 2
OFAC [80] ____________________________________________________________ 2
Privacy Requirements for Financial Institutions [eLIPRFI] ________________________________ 2
Private Placements [78] ___________________________________________________ 2
Protecting Consumer Privacy: A Guide to Regulation “P” [100] _____________________________ 2
Regulation B [88] _______________________________________________________ 2
Truth in Lending: A Guide to Regulation “Z” [98] _____________________________________ 3
Truth in Savings: A Guide to Regulation “DD” [103]____________________________________ 3
II. General 5
Basic Background for Needs Selling [eLIBN] ________________________________________ 5
Business Conduct [eLIBC] ___________________________________________________ 5
Business Conduct for Supervisors [eLIBCS]_________________________________________ 5
Business Continuity Plans [05Mini_BusCon] _______________________________________ 5
Business Succession Plans [611] _______________________________________________ 5
Business Valuation [eLIBV] __________________________________________________ 5
Buy/Sell Agreements [eLIBSA] ________________________________________________ 6
CFP Ethics [20CFP] _______________________________________________________ 6
Constructing Portfolios [200] ________________________________________________ 6
Corporate Structure and Buy/Sell Agreements, An Overview of [eLICSB] _______________________ 6
Customer Communications [31] _______________________________________________ 6
Customer Communications III [31B] ____________________________________________ 7
Customer Documentation Requirements, Third Edition [42_3] ____________________________ 7
117
Course Index
II. General
118
III. Institutional
III. Institutional 15
401(k) Plans and SIMPLEs [eLI401K] ____________________________________________15
412(i) Plans [eLI412] _____________________________________________________15
Anti-Money Laundering Compliance, Advanced Concepts in [eLIACA] ________________________15
Asset Allocation, Principles of [46] _____________________________________________15
Constructing Portfolios [200] ________________________________________________15
Corporate Debt [2] _______________________________________________________16
Custody of Funds [89] _____________________________________________________16
Customer Communications III [31B] ____________________________________________16
Diversification [70] ______________________________________________________16
Economic Growth and Tax Relief Reconciliation Act of 2001, The [eLITRR] ______________________16
Electronic Communications [73]_______________________________________________16
Electronic Communications, Institutional Edition [73INST] _______________________________17
Emerging Markets [21_2] __________________________________________________17
Ethics [20]____________________________________________________________17
Ethics V, Servicing Institutional Clients [20D] _______________________________________17
Ethics VI, Conflicts of Interest [20F] _____________________________________________17
Ethics VII, Professional Responsibility in the Securities Industry [20G] ________________________18
Ethics VIII: Truth and Accuracy in Documentation [20H] ________________________________18
Fee Based Accounts [90] ___________________________________________________18
Fee-Based Accounts: Compensation [05Mini_FBC] ___________________________________18
Financial Futures [13] _____________________________________________________18
Fixed Income, Second Edition [4_2] ____________________________________________18
Hedge Funds [6001] ______________________________________________________19
Insider Trading, Second Edition [24_2] ___________________________________________19
Institutional and Proprietary Trading and Sales [27] ___________________________________19
Investment Adviser Electronic Communications [7301] _________________________________19
IPO Allocations, Best Practices in [72] ___________________________________________19
Margin Accounts [05Mini_Margin] _____________________________________________19
119
Course Index
Money Laundering: The Institutional Broker-Dealer Perspective, Forth Edition [35INST_4] ____________19
Mutual Funds [05Mini_MF] _________________________________________________20
NASD Issues and Concerns Regarding Bonds and Bond Funds [76] __________________________20
New and Secondary Offerings [05Mini_NSO] _______________________________________20
OFAC [80] ____________________________________________________________20
Options [6] ___________________________________________________________20
Pension Basics [eLIPB] ____________________________________________________20
Privacy Requirements for Financial Institutions [eLIPRFI] ________________________________20
Private Placements [78] ___________________________________________________21
Regulatory Focus: Research Analysts [05Mini_RA] ____________________________________21
Regulatory Focus: Bond Sales [05Mini_Bonds] _____________________________________21
Research Analysts and Conflicts of Interest [6201] ____________________________________21
Research Analysts and Conflicts of Interest: Supervisory Concerns [6202] ______________________21
Retirement Plans II, Second Edition [25_2] ________________________________________21
Securities Regulatory Essentials for Financial Professionals [40G] ___________________________22
Short Sales [05Mini_ShortSales] ______________________________________________22
Suitability Concept, Series 6 Edition, Understanding the [39_S6] ___________________________22
Supervision II, Institutional Version[22AI] _________________________________________22
Supervisor Update on Mutual Fund Sales Practices [2201] _______________________________22
Tax-Qualified Plans [eLITQP] _________________________________________________22
Hedge Funds: The Highlights [05Mini_HF] ________________________________________23
U S Government Debt [3] ___________________________________________________23
Unit Investment Trusts [05Mini_UIT] ____________________________________________23
Unit Investment Trusts [11] _________________________________________________23
Wrap Accounts [17] ______________________________________________________23
120
IV. Insurance & FInancial Planning
121
Course Index
IV. Insurance & Financial Planning
Ethics IV, Case Studies in Ethics for Retail Sales Professionals [20C] __________________________31
Executive Bonus Plans [614] _________________________________________________32
Federal Estate Tax Liability, Planning for the [eLIFET] __________________________________32
Financial Aid Strategies for College [eLIFAS] ________________________________________32
Financial Planning with Charitable Remainder Trusts [54] _______________________________32
Financial Planning with Variable Annuities [47] _____________________________________32
Fixed and Variable Annuities [19] ______________________________________________33
Fixed and Variable Life Insurance [8] ____________________________________________33
Group Dental and Vision Insurance [eLIGDV] _______________________________________33
Group Disability Insurance [eLIGDI] _____________________________________________33
Group Health Insurance [eLIGHI] ______________________________________________33
Group Insurance [eLIGRI] ___________________________________________________34
Group Insurance, An Overview of [eLIGI] __________________________________________34
Group Insurance, Basic [604] _________________________________________________34
Group Life Insurance [eLIGLI] ________________________________________________34
Health and Disability Insurance [601] ___________________________________________34
Health Insurance, An Overview of [eLIHI] _________________________________________34
Health Savings Accounts [eLIHSA] _____________________________________________35
HIPAA, Introduction to [eLIHIPAA] _____________________________________________35
Homeowners and Dwelling Insurance [eLIHDI] ______________________________________35
Homeowners Rating [eLIHR] _________________________________________________35
Individual Retirement Accounts [eLIIRA] __________________________________________35
Industry, The [eLIIND] _____________________________________________________36
Information Security Awareness [85] ____________________________________________36
Inland Marine Insurance [eLIIMI] ______________________________________________36
Insurance Buy/Sell Business Valuation [eLIBSV] _____________________________________36
Insurance Law [607] ______________________________________________________36
Insurance Products, An Overview of [eLIIP] ________________________________________36
Insuring the Corporate Executive [eLIIC] __________________________________________37
Interest-Sensitive and Adjustable Policies, An Overview of [eLIISAP] _________________________37
Investment Factors, Objectives and Risks [eLIIF] _____________________________________37
IRA, SEP and Keogh Plans [eLIISK] _____________________________________________37
Keogh Plans [eLIKP] ______________________________________________________37
Key Employee Insurance [615] ________________________________________________38
122
IV. Insurance & FInancial Planning
123
Course Index
124
V. Investment Advisor
V. Investment Advisor 51
401(k) Plans and SIMPLEs [eLI401K] ____________________________________________51
529 Plans and Other College Savings Programs [53] ___________________________________51
Alternative Investments: Asset Backed Securities [05Mini_AltInv] __________________________51
Annuities, An Overview of [eLIOA] _____________________________________________51
Anti-Money Laundering [05Mini_AML] __________________________________________51
Anti-Money Laundering Update Year 2003, Second Edition [35AU03_2] _______________________51
Anti-Money Laundering Update Year 2004 [35AU04] __________________________________52
Anti-Money Laundering Update Year 2005 [35AU05] __________________________________52
Asset Allocation, Principles of [46] _____________________________________________52
Asset-Backed Debt [16] ____________________________________________________52
Bank Secrecy Act Reporting Requirements [3504] ____________________________________52
Brokered Certificates of Deposit [10A] ___________________________________________52
Business Continuity Plans [05Mini_BusCon] _______________________________________53
CDs and Money Markets [10]_________________________________________________53
CFP Ethics [20CFP] _______________________________________________________53
Constructing Portfolios [200] ________________________________________________53
Corporate Debt [2] _______________________________________________________53
Currency Transaction Reporting [3502]___________________________________________53
Customer Account Transfers [05Mini_CAT] ________________________________________53
Customer Communications [31] _______________________________________________54
Customer Communications II, Series 6 Edition [31A_S6] ________________________________54
Customer Communications II, Series 7 Edition [31A_S7] ________________________________54
Customer Communications III [31B] ____________________________________________54
Customer Disclosure: The Interagency Statement and NASD Rule 2350 [43] _____________________54
Customer Identification Procedures [3501] ________________________________________55
Day Trading: Margin Requirements [05Mini_DayTrad] _________________________________55
Direct Investments [12] ____________________________________________________55
125
Course Index
V. Investment Advisor
126
V. Investment Advisor
127
Course Index
V. Investment Advisor
128
V. Investment Advisor
129
Course Index
VI. Securities
VI. Securities 85
130
VI. Securities
131
Course Index
VI Securities
132
VI. Securities
133
Course Index
VI Securities
Preventing and Detecting Money Laundering II: Case Studies, Second Edition [35A_2] _____________ 102
Preventing and Detecting Money Laundering, Second Edition [35_2] _______________________ 102
Private Placements [78] __________________________________________________ 102
Registration and Reporting Issues [eLIRRI] _______________________________________ 103
Regulation M [5] _______________________________________________________ 103
Regulatory Focus- Research Analysts [05Mini_RA] __________________________________ 103
Regulatory Focus: Bond Sales [05Mini_Bonds] ____________________________________ 103
Replacements, 1035 Exchanges and Mutual Fund Switches [55]___________________________ 103
Reporting and Disclosure: The TRACE System [05Mini_RandD] ___________________________ 103
Research Analysts and Conflicts of Interest [6201] ___________________________________ 103
Research Analysts and Conflicts of Interest: Supervisory Concerns [6202] _____________________ 104
Sale of Variable Annuities to Seniors [1903] _______________________________________ 104
Sale of Variable Annuities to Seniors, Supervisory Concerns [1904] _________________________ 104
Sarbanes-Oxley Act of 2002, The [eLISOA] ________________________________________ 104
Sarbanes-Oxley Act, The Impact of the [71] _______________________________________ 104
SEC’s Books and Records Rule, The [63] __________________________________________ 104
Securities Fundamentals for Sales Assistants [59] ___________________________________ 105
Securities Regulatory Essentials for Financial Professionals [40G] __________________________ 105
Sexual Discrimination and Harassment [33_05] ____________________________________ 105
Sexual Discrimination and Harassment, CA version [33_CA] _____________________________ 105
Short Sales [05Mini_ShortSales] _____________________________________________ 105
Suitability Concept, Series 6 Edition, Understanding the [39_S6] __________________________ 105
Suitability Concept, Series 7 Edition, Understanding the [39_S7] __________________________ 105
Suitability Issues, Advanced [eLIADS] __________________________________________ 105
Supervision [22] _______________________________________________________ 106
Supervisor Update on Mutual Fund and Annuity Sales Practices [2202] ______________________ 106
Supervisor Update on Mutual Fund Sales Practices [2201] ______________________________ 106
Supervisory Duties from Pre-Hire to Termination Year 2000 Update [22AU00]___________________ 106
Supervisory Update 2003 - Series 26 Supervisors [22AU03_26] ___________________________ 106
Supervisory Update Year 2001 [22AU01]_________________________________________ 106
Supervisory Update Year 2002 [22AU02]_________________________________________ 106
Supervisory Update Year 2003 [22AU03]_________________________________________ 107
Supervisory Update Year 2004 [22AU04]_________________________________________ 107
Supervisory Update Year 2005 [22AU05]_________________________________________ 107
U S Government Debt [3] __________________________________________________ 107
134
VI. Securities
135
Course Index
Financial Training
Financial Training
136
137