FINRA members are required to maintain policies and procedures that address the protection of customer information and records. Among other things, these policies and procedures must be reasonably designed to protect against unauthorized access to or use of customer records or information that course result in substantial harm or inconvenience to any customer. This course covers the following:
- Protection of Non-Public Personal Information
- Limitation on Use and Re-Use of information
- Technical Issues with Servers and Data Retention
- Standards for Responding to Data Security Breaches
- Safeguards and Disposal Rules
- Scope of the Information Covered by the Rules
- The Disposal Rule Applied Individuals
- An Exception to Reg S-P Reps Moving
- Laptop protection
- The SEC Responds
- Question of Delivery of Privacy Notice
- Email Protection
- Reg S-P and the Relation to Reg S-AM
- Small Entity Compliance Guide
- Concern Related To Sharing Non-Public Information With Others
Ever since goods and services were first offered to customers, 'specials', 'deals', ' buy one, get one free', and other incentives have been offered to increase sales and spread the word about the seller's product. The securities industry has been no different; clients are offered discount pricing on trades, bonus on annuities and 'free' research on an array of investment opportunities."
This course covers a broad range of issues related to the Gramm-Leach-Bliley Act (GLBA) to help the student learn ways to guide clients through this, at times, complicated legislation. It includes the following lessons:
- Introduction to the Act
- How Consumers and Customers Are Affected
As the student completes this course, he or she should try to develop a broad picture of the implications of the GLBA and how it fits into the larger practice of consumer/customer financial services. The first lesson will assist with this project by presenting a history and case studies.
Most variable annuity products distributed today are complex commodities with an abundance of moving parts. It is due to this complexity that regulatory authorities severely scrutinizing the sale of these products. In that a variable annuity is an insurance product and a security product regulatory disclosure is required by both state insurance and securities regulators in addition to the federal securities regulators. Yet given the level of complexity and the level of regulatory scrutiny, funds invested in variable annuities have reached well over one trillion dollars; a lot of money no matter who you are."
The SEC books and records regulations are primarily found as Rule 17 a-3 and Rule 17 a-4. Rule 17 a-3 describes what records must be created while Rule 17 a-4 defines maintenance and retention periods for these records.??
Although Regulation S-P (????eg S-P????) appears to be a fairly straightforward rule, requiring ????rotection of customer information,???? the constant change in technology, interpretations from regulators, and new threats from hackers make safeguarding non-public information an issue that is ever evolving and increasingly difficult to track.
In this course the following topics will be discussed:
- The Source of Regulation S-P
- Safeguarding and disposing of client information
- Recent provisions to allow representatives to retrieve and retain confidential client information
- Regulation S-AM
Money laundering plays a fundamental role in facilitating the ambitions of drug traffickers, terrorists, organized criminals, insider dealers, tax evaders, and many others who need to avoid the attention from authorities that sudden wealth from illegal activities brings. In using money laundering, criminals seek to make their ill-gotten profits beyond the reach of asset forfeiture laws. Financial institutions such as insurance companies are at the forefront of the battle against money launderers. Under current legislation, insurance companies are responsible for policing their financial dealings and reporting suspicious transactions. This course will examine anti-money laundering regulation in the insurance industry, specifically focusing on the USA PATRIOT Act of 2001, the Suspicious Activities Report (SAR), the Customer Identification Programs (CIP), and the "Know Your Customer" provision (KYC)."
The long-term investments we make today will determine the value of our business tomorrow. In order to make long-term investments in new product lines, new equipment and other assets, managers must know the cost of obtaining funds to acquire these assets. The cost associated with different sources of funds is called the cost of capital. Cost of capital represents the rate a business must pay for each source of funds - debt, preferred stock, common stock, and retained earnings.
Since we want to maintain existing market values, cost of capital is the minimum acceptable rate of return for long-term investments. If the business earns more than its cost of capital, the market value of the business will increase. Likewise, if returns on long-term investments are below the cost of capital, market values will decline. Maximizing value for the owners of the business is a fundamental objective within financial management. Therefore, how we manage capital is extremely important to fulfilling the basic objective of increased shareholder value.
Within the securities industry, the concept of 'suitability' is a fundamental business operation principle. The foundation of suitability requires that a registered representative have a reasonable basis for making investment recommendations to a client. These recommendations must be based upon the client-provided personal and financial information, such as the client's risk tolerance, financial situation, investment objectives, investment time horizon, and investment sophistication."
This course is intended to provide guidance to broker/dealer-compliance and supervisory personnel in understanding regulatory rules and issues generally related to communication with the public and more specifically electronic communication.
This course is a discussion of the basic rules and standards that apply to all forms of communication with the public. The focus is on the registered representative and the everyday challenges they face in conducting business within the confines of strict regulatory parameters.
This course covers regulations imposed on advertising and sales literature to ensure all communications with the public adhere to industry guidelines.
Public outcry has resulted in the states seeking protection for consumers through legislation. Recently, this effort has been taken to a national level, with the establishment of the National Do Not Call Registry."
This course will provide employers and employees with knowledge concerning the proper selection, care, and use of personal protective equipment, including respirators. We will discuss the relevant OSHA requirements and how to comply with them."
This course will provide employers and employees with knowledge concerning the proper selection, care, and use of personal protective equipment, including respirators. We will discuss the relevant OSHA requirements and how to comply with them."
This course gives you a basic understanding about OSHAs role in prevention and elimination of work-related illnesses and injuries. The OSHA standard identifies areas or activities where fall protection is needed. It clarifies what an employer must do to provide fall protection for employees, such as identifying and evaluating fall hazards and providing training. Under the standard, employers are able to select fall protection measures compatible with the type of work being performed."
This course attempts to highlight the problems of violence in the workplace. It identifies the various kinds and what constitutes workplace violence. The course then goes on to explain the potential costs of ignoring workplace violence and the methods that can be utilized to minimize and/or eliminate it from the workplace.
This course introduces the specialized area of annuities. You will learn about the
various types of annuities, their specific distribution opportunities, tax consequences for
withdrawals, and the parties to an annuity. Specifically, you will learn about the
provisions associated with fixed, variable, and indexed annuities and how they affect
Today, ETFs are one of the most rapidly growing areas in the investment fund industry worldwide. ETFs are expected to increasingly capture new investment flows from individual investors, financial advisors, and large institutional managers. The mutual fund scandals of 2003 and 2004 accelerated the trend for investors to shift money into tradable and cost efficient vehicles where they have more control over their investments, such as Closed-End Funds (CEFs), ETFs, exchange traded notes (ETNs), and exchange trade-commodities (ETCs). Some of the topics covered in this course are:
- A review of the history and nature of exchange traded funds
- Comparisons of ETF and related securities to more conventional investment securities
- FINRA????s stated position on ETF suitability
- A discussion of the concern with understanding the complexity of ETFs
- Recent litigation faced by a popular ETF sponsor
This course will address the professional responsibilities of research analysts with particular attention to the standards adopted by the leading analysts' professional society and the federal regulations governing analysts' conduct and qualifications.
The course is presented in two lessons:
Unit Investment Trusts is designed to provide financial professionals with an understanding of the various types of investment companies. It also explains the goals of The 1940 Investment Company Act and the regulatory role of the SEC over the securities industry. To achieve this, the module explains in detail the characteristics of a variety of unit investment trusts, or UITs. Finally, it provides a discussion of the many benefits of investing in UITs along with their associated investment risks."
This course provides a thorough introduction to FINRA rules and regulations that govern broker/dealers and their associated persons. Among the policies that are examined in this course are conduct rules and the Code of Procedure for disciplining member firms and registered representatives, the Code of Arbitration procedure for industry or customer disputes, the Code of Mediation Procedure, and various NYSE rules. You will also learn FINRA's standards for public communications, regulations for the OTC market, how to process orders, and back office functions. Understanding the Rules of FINRA addresses all of these issues in detail and provides you with knowledge that you will use throughout your career."
This course introduces financial professionals to the rules and regulations that must be followed in order to sell annuities in the state of Oklahoma. This course will also examine annuity types and their various classifications. We will also examine rules that deal with the suitability of annuity transactions, including the standards and procedures for recommendation to consumers, making sure the insurance needs and financial objectives of the consumer are met and properly matched with the correct annuity products. The different ways annuities can be used will also be discussed, along with an overview of the taxation of annuities."
This course introduces a specialized area of annuities, with extra attention being given to the various types of annuities, including fixed, variable, and indexed. You will also learn about the issues that surround the sale of annuities depending on the state they're being purchased in. Lastly, this course also highlights distribution opportunities and tax consequences for withdrawals."
This prelicense course begins by introducing the student to various types of real estate careers, activities, companies, and governmental agencies that regulate the industry. Then the course explores property rights, forms of ownership, property restrictions, and zoning. Students will learn the mathematical calculations and formulas commonly used in the real estate industry. The course provides an overview of agency relationships, contract law, property transfers, listing agreements, and deeds as well as environmental issues that licensees may encounter. The general prelicense section ends with an exploration of loans and the loan process, leasing, ethics, and fair housing laws. The Montana License Law section examines the laws and rules governing the licensing and conduct of Montana real estate professionals, beginning with an overview of the role, structure, responsibilities, and duties of the Montana Board of Realty Regulation. Students explore the real estate related activities that require a license, as well as the requirements for obtaining and renewing various real estate licenses. Licensee duties, agency relationships, unprofessional conduct, trust accounts, foreclosures, the Real Estate Recovery Account, property management, and the Residential Landlord and Tenant Act are also discussed. The course closes with the condominium requirements under the Montana Unit Ownership Act."
This course is designed to assist employers in identifying and fulfilling their responsibilities for posting certain records, maintaining records of illnesses and injuries, and reporting specific cases to OSHA. Students who successfully complete this course will be able to identify the OSHA requirements for recordkeeping."
Students will be introduced to the concepts, types, and approaches to value. They will learn about market value; selecting the best comparables when estimating real property value; and accurately determining square footage. This course addresses how to correctly make adjustments to value, market timing, and the reasoning and strategies as to why property sells."
This property management course focuses on the operational aspects of running a property management firm. Students will learn how to analyze and manage liability risks and insurance and the security and safety responsibilities of a property manager. The course discusses the pros and cons of private maintenance companies, setting up a maintenance system, evaluating a property's maintenance needs, and common maintenance problems that property managers deal with. Proper recordkeeping, promotion, and advertising are also covered. This course teaches students how to handle problem tenants, complaints, waiting lists, late rent, evictions, fair housing issues, and owner relations. The course also contains valuable information about the organization of a property management office, creating policy manuals, management costs and fees, the hiring process, employee management and evaluation, and what it takes to open and maintain a successful property management firm."
This course introduces the wrap fee account industry. You will learn the basics of a wrap account and how it functions. You will also learn about the information that is required for the wrap account and in turn, what information the client should be provided. Essentially, this course will not discuss the strengths and weaknesses of the investments, but rather provide a breakdown of the industry."
This course examines the laws and rules governing the licensing and conduct of Montana real estate professionals, beginning with an overview of the role, structure, responsibilities, and duties of the Montana Board of Realty Regulation. Students explore the real estate related activities that require a license, as well as the requirements for obtaining and renewing various real estate licenses. Licensee duties, agency relationships, unprofessional conduct, trust accounts, foreclosures, the Real Estate Recovery Account, property management, and the Residential Landlord and Tenant Act are also discussed. The course closes with the condominium requirements under the Montana Unit Ownership Act."
This course addresses the possible hazards involved in working with materials that may contain formaldehyde. This course will highlight the materials and processes that will likely expose a worker to formaldehyde, the symptoms and effects of formaldehyde exposure, and measures that can be taken to minimize the harmful effects of formaldehyde on the body."
This course will give the student a broad overview of Homeowner's Association Management. It starts by showing the manager how to set up a non-profit association and the legal documents required. The board of directors and their role in running the association, drawing up bylaws and how the board operates are covered thoroughly. The course also covers CC&Rs and other restrictions and laws that all managers need to know. Resolving disputes through litigation and non-litigious means round out the course."
The role of an insurance company and the products it offers is to protect its policy holders against a variety of risks. Insurance protects your property, your health, your life, and business relationships. A by-product of the protection offered by insurance companies has evolved into what we know as annuities; these products are designed to protect policy owners against the risk of outliving a source of income."
The discovery of fire was one of the remarkable milestones in the evolution of mankind. Our ancestors found fire to be a source of heat, food preparation, weapon manufacture and protection from wild animals. In course of time, they also discovered that fire was equally destructive. It could burn down anything in its way indiscriminately. Since that revelation, mankind has continually been looking for new and more efficient ways to keep fire from being destructive.
Preventing fires has always been a concern. Be it the simple addition of a water container by the fire pit or the development of scientific detectors that monitor air temperature and structure, the quest to keep fire at bay continues. Despite the advances in technology, the best way to prevent a fire is to put trained people on the task. It is a key component of any security function or operation. We need to know what we are up against and that is what this course aims to address."
This course has been designed to deliver firsthand information about fires and fire protection measures. After completing this course, you will be able to identify different types of fires and how safety measures can be taken to avoid a disastrous situation. We will also discuss the different types of fire extinguishers in use and discover how careful planning and precautionary measures can be taken to save lives and property.This course is intended for the general audience. For more information, please contact your local fire department and consult your fire safety and security maintenance supervisor."
This course provides the student with an overview of the home loan process. Students will learn how to fill out a loan application and what information lenders require. Elements of conventional financing, loan-to-value ratios, and private mortgage insurance will be discussed. Then students will explore commercial loan products, construction loans, special purpose loans, and the loan needs of farmers and ranchers. The course also examines various kinds of alternative financing, adjustable rate mortgages, FHA and VA loans, purchase money mortgages, wrap-around financing, land contracts, lease/option plans, and other types of creative financing."
This course introduces the unique compliance challenges faced by broker/dealers in the investment banking industry. Specifically, this course covers the Securities Act of 1933, registration requirements, and FINRA rules. You will also learn about the components of a supervisory system and the importance of record keeping, among other things."
This training course is designed to provide a basic understanding of bloodborne pathogens, common modes of their transmission, methods of prevention, and other pertinent information. Through this course, students will able to meet the requirements of the Occupational Safety and Health Administration's (OSHA's) Bloodborne Pathogen Standard."
Bad Loans will delve into predatory lending practices and common mortgage fraud schemes. Students will learn to identify and avoid predatory lenders' and fraud perpetrators' tactics. The course examines the lines on mortgage forms, good faith estimates, fees, discounts, prepayment penalties, and how these items are used by predatory lenders. This course also features valuable information about dealing with issues such as late charges, tax reserves, property insurance, foreclosures, and note modification. Then students will explore popular mortgage fraud schemes and examples from real cases. Fraud tools such as flipping, straw sellers and buyers, ????o Doc???? loans, silent second mortgages, and false money will also be discussed.
This course covers the basic concept of ethics with a detailed definition and what it entails. We will discuss the role of ethics in our personal as well as professional lives and the challenges faced. We will also discuss the core ethical values and how rationalization is used as a common tool. Finally, we will talk about the framework of ethical decision-making and conclude with a brief discourse on ethics and conflict of interests."
As a transmission grid system operator you are expected to make assessments and to comprehend the status and analog data for which electrical calculations are essential. While our SCADA and EMS applications provide most of the data, it is important to understand how basic electrical quantities are derived. Given that conditions vary, it is important to grasp the implications of differing data sets and contingencies. For instance, a trainee will be expected to identify how ACE impacts a controlled response given AGC generation and BA interconnectivity, and how high voltage and reactive control may affect system reliability. The trainee must be able to list the components that generate negative and positive reactive power, master best choice responses to various conditional situations, and demonstrate how to respond to overloaded systems.
If you are taking this course for NERC credit, the following credits will be reported.
CE HOURS = 2.00 OPS TOPICS=2.00 STANDARDS=1.00 SIMULATION=1.00 EO=0.00"
This course introduces the topic of annuities. Annuities are insurance products that rely on mortality and investment experience to protect against the loss of income. They differ from life insurance because life insurance is designed for the protection of an individual's family or estate after their death, whereas annuities are designed to protect investors against outliving their income and superannuation. Annuities have the basic function of systematically liquidating specific sums of money over a specified period of time. In this course we will learn about different types of annuities, the benefits of each kind, and the many rules associated with their liquidation."
Real estate mathematics can be very daunting and confusing. However, by beginning with a review of basic math skills and reinforcing what is already known, students will soon learn to apply real estate terminology and specific formulas to problems and tasks common in the real estate industry such as area and volume calculation, the Rectangular Survey System, the Metes and Bounds System, proration, commission rates, and property values. This course will help students develop the skills to complete a review of settlement costs and explain this information to clients."
This course introduces the concepts of supervisory controls and procedures. As with most regulatory agencies, FINRA and the SEC try to learn and grown from bad experiences. In recent years, a single name has become notorious, recognizable by virtually every registered representative and supervisor in the securities industry. That name is Gruttadauria. In this course we will learn about Gruttadauria and how this person's actions forever changed the securities industry's approach to supervisory controls and procedures."
This course introduces the concept of advertising, including the various forms of advertising, the products being advertised, and the regulations and rules in place to ensure that advertisements do not threaten or harm the public."
This course focuses on bulk electric system (BES) and individual system restoration following significant breakup, islanding, or blackout. The trainee will demonstrate fundamental decision-making skills and the capacity to respond to situational exercises pertaining to these electric systems. This will include explanation of how extremely abnormal system conditions may affect indications, equipment, and the reclosing of tripped CBs. As well as demonstrating how to recover and re-synchronize an islanded system, showing how to sectionalize, prepare express transmission paths, and rebuild a blacked-out system, and explaining key steps for preparing and executing system restoration tasks. Trainees must also demonstrate response readiness in emergency situations.
If you are taking this course for NERC credit, the following credits will be reported.
CE HOURS = 2.00
""360training.com, Inc. has met the standards and requirements of the Registered Continuing Education Program. Credit earned on completion of this program will be reported to RCEP. A certificate of completion will be issued to each participant. As such, it does not include content that may be deemed or construed to be an approval or endorsement by NCEES or RCEP."""
This course will examine the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank", or the "Act") with an emphasis on those provisions of most immediate impact on thae securities business. For presentation purposes, the course is divided into two lessons:
Lesson 1 - Overview of Dodd-Frank
Lesson 2 - Dodd-Frank Impact on the Securities Industry
This course explores the roles and practices of underwriters and appraisers as they qualify borrowers and properties for loans. Other requirements for loans, leases, and titles will also be discussed. The student will examine loan settlement procedures, the role of the Truth-in-Lending Act, and the effects of the Fair Housing Act and the Americans with Disabilities Act."
This course introduces a specialized area of annuities, with extra attention being given
to the various types of annuities, including fixed, variable, and indexed. You will also
learn about the issues that surround the sale of annuities depending on the state they're
being purchased in. Lastly, this course also highlights distribution opportunities and tax
consequences for withdrawals.
This course will introduce you to TRACE - the Transaction Reporting and Compliance Engine for the gathering and dissemination of market data in the bond market. For purposes of presentation, the material is divided into two lessons:
- Lesson One - Background and History of TRACE
- Lesson Two - Policy Objectives, Key Provisions of TRACE, Mechanics of TRACE
This course will examine the regulatory issues affecting (i) sales practices of securities firms and registered representatives in the sale of municipal securities and (ii) the supervisory requirements applicable to securities firms regarding the sale of municipal securities.
This presentation will be divided into two lessons:
Lesson 1 - Municipal Securities Sales Practices
Lesson 2 - Supervision of Municipal Securities Sales
Upon completing this course the student should have a good understanding of the regulatory framework affecting the activities and responsibilities of firms and registered representatives involved in the sale of municipal securities.
This course will discuss initiatives by securities regulators to protect senior investors. The course is divided into two lessons:
Lesson 1: Defining the Problem, The 2006 and 2007 Senior Summits, and FINRA Regulatory Notice 07-43
Lesson 2: 2008 Senior Summit, Best Practices, and Enforcement
This course will discuss the regulation of options communications by securities broker-dealers. For presentation purposes, it is divided into two lessons:
Lesson 1 - Basic Options Terms and the Options Disclosure Document
Lesson 2 - Options Communications Rules
Setting goals and eliminating barriers to success is just the beginning of the transformation from eking out a living to a lucrative business. Licensees are presented with key models and systems that will assist in increasing their business growth exponentially. Students will gain an understanding of the fundamental principles of a real estate business, measuring performance quantitatively, mastering four key models that will allow them to operate at a higher level of success and continuing to grow and expand one's real estate business without artificial limits."
Identifying environmental hazards and how they affect the real estate industry is the basic goal of this course, including environmental factors that may require a disclosure statement. Other topics covered are air quality, radon, asbestos, urea formaldehyde foam insulation, mold, ground water, smart growth, and green housing. Students will learn about the major health effects and remedies of these substances, as well as ways of preventing or eliminating biological pollutants."
This course is one in a series of Human Ecology courses. Thousands of times every day, real estate licensees influence the choices people make about the homes, neighborhoods, and the communities in which they live. Licensees who take particular care to acknowledge when homes are efficient and well-built, the neighborhoods livable, and the communities sustainable, are helping make such desirable properties more available and more valuable. Topics covered include the concept of energy and humanity's reliance on it, the use of energy in different sectors, global warming; global oil depletion, approaches to a more sustainable future, and how the real estate profession can address the challenges of a future with substantially more costly energy."
While money laundering has been a matter of concern for law enforcement and tax authorities for generations, the priority of stopping those who seek to conceal and launder funds took on a new imperative with the events of 9/11. With this eye opening day's events, it became apparent that "following the money" was one way of detecting and, hopefully, forestalling such events.
With each passing year, with each transgression detected, new schemes are uncovered and new procedures initiated to detect current paths of concealment. As a result, the area of anti-money laundering is a very fluid regulatory concern covering a broad array of domestic industries. AML does not just affect the broker/dealer and securities industry, but also the banking, credit, life insurance, and even money sending industries. Each industry has its own unique set of problems that must be addressed. Each industry must devote substantial time and money to address the ever-changing regulatory requirements.
This course provides context regarding principal registration under rules 1021 and 1022 and the role of the Chief Compliance officer in a member firm.
This course provides the student with an understanding of regulatory and firm-based requirements for ethical dealings between institutional clients, their registered representatives, and their broker/dealer."
This course will discuss anti-money laundering ("AML") regulation in the securities and will focus of several significant institutional issues in connection with that regulation.
The presentation will be divided into two lessons:
Lesson 1 - Regulatory Framework and the AML Compliance Program
Lesson 2 - Selected Institutional Issues:
Upon completing this course the student should have a good understanding of the structure of AML regulation in the securities industry and an awareness of some specific issues currently facing securities firms in meeting their AML obligations.
This course is intended for workers who want to learn more about cranes, derricks, hoists, elevators, and/or conveyors. Topics include cranes and derricks, helicopters, base-mounted drum hoists, overhead hoists, conveyors, and aerial lifts."
Cave-ins are considered the most dangerous trench and excavation hazard. In addition, other potentially fatal hazards also exist in excavations, such as asphyxiation due to lack of oxygen in a confined space, inhalation of toxic fumes, drowning, falls, water accumulation, etc. The OSHA standards intend to protect workers in trenches and excavations. This course gives you a basic understanding of how to work safely in excavations and what important points are required to consider when working in an excavation."
This course will introduce the contents of 29 CFR 1910 Subpart Z, which deals with toxic and hazardous substances.This module will focus on the aspects of Subpart Z, which deal with keeping hazardous chemicals and materials from negatively affecting your health. This includes the use of personal protective equipment, decontamination procedures in the event of exposure to hazardous materials, and the procedures in place for conducting first aid and recording an incident of exposure in the workplace."
It is the employers responsibility to assess the workplace hazards, and if they are present or are likely to be present, and work practice controls alone are not sufficient, then the employer must provide personal protective equipment to the exposed employees. This course gives you a basic understanding about OSHAs role in prevention and elimination of work-related casualties and fatalities, which can be protected through proper personal protective equipment (PPE)."
This course alerts participants to the hazards of walking and working surfaces and provides information about workplace action needed to eliminate or control these hazards.
This course introduces the hazards that are involved in the handling and storage of materials. Different methods of handling and storage are discussed, the hazards they pose to workers and the methods by which these hazards can be reduced or eliminated from the workplace."
This course is made for drivers to improve their driving skills and learn something new about how large Trucks and Buses can interact on our roadways. The course is specifically designed for professional drivers of large commercial vehicles. Topics covered include Space Management, Passing and Lane Changing, Drug and Alcohol Effects on Traffic Safety, Trip Inspections, and more. This program will help professionals improve their skills and enhance their training to make them sharper, more aware drivers."