Navigating Minnesota's New IAR Continuing Education Rules: A Focus on Ethics

Overview: Effective January 1, 2025, all Investment Adviser Representatives (IARs) registered in Minnesota are required to complete 12 hours of continuing education (CE) annually to maintain their registration. This new requirement, based on the NASAA model rule, is designed to ensure IARs stay current on industry best practices, regulatory developments, and ethical standards. Join us for this comprehensive event, where we will explore the specific content required for the 6 hours of Ethics and Professional Responsibility, including the fiduciary duty, conflicts of interest, and the application of ethical principles in real-world scenarios. Description: NASAA, FINRA, the SEC, industry groups, and courts have all made significant changes to the rules related to investment advisers and their investment adviser representatives ("IAR's")during 2024 and 2025. IAR's should know and understand how these recent developments affect the following areas, among others: Prior to the FinCEN Final Rule, there were no Federal or State regulations requiring IAs to maintain AML/CFT programs, including a CIP program or records under the Bank Secrecy Act (BSA); The amendments to Regulation S-P enhance the protection of consumer financial information by broadening the scope of information covered by Regulation S-P’s requirements for covered institutions, inter alia broker-dealers,and investment advisers; Amendments to Regulation S-P will likely require modifications to cybersecurity programs; and Updated Security Policy Templates are available on The Web - In partnership, the Cybersecurity Risk Foundation (CRF) and SANS have created a library of free cybersecurity policy templates to help organizations quickly define, document, and deploy key cybersecurity policies. The following situations will be analyzed Whether the participant and their firm is a covered adviser under FinCEN, or the Financial Crimes Enforcement Network, rules. Whether Suspicious Activity Reports need to be filed and with whom. Whether Currency Transaction Reports need to be filed and with whom. Identify similarities and differences between SEC Regulation Best Interest and the NASAA model conduct rule. Determine if Reg S-P requires the firm to implement a notification protocol and whom must be notified. Alternative security policy forms and determine which alternative would comply with the CRF (Cybersecurity Risk Foundation) and SANS (SysAdmin, Audit, Network, Security) Institute template. Practical Application: In the 6-hour course the instructor will discuss case studies and best practices to help you integrate these new rules into your daily professional life, ultimately better serving your clients and firm. This event is essential for all IARs operating in Minnesota, whether you are state-registered or federal covered. Don't let these new rules catch you off guard—secure your spot today and ensure you are prepared for compliance in 2025 and beyond. Event Schedule 10:15 – 10:30 AM: Registration & Networking 10:30 AM – 12:30 PM: CE Session 1 12:30 PM – 1:00 PM: Lunch 1:00 PM – 2:30 PM: CE Session 2 2:30 PM – 2:45 PM: Break 2:45 PM – 4:15 PM: CE Session 3 4:15 PM – 4:30 PM: Break 4:30 PM – 5:30 PM: CE Session 4