THE 360 NEWSLETTER

Reminder – Continuing Education (“CE”) Requirements

Compliance April 6, 2023
Print

Following the March 2, 2023 communication, we would like to remind you that new continuing education (“CE”) requirements came into effect on December 1, 2021 under MFDA Rule 1.2/1.2.6 and Policy 9.

Outside Quebec Representatives

Representatives registered outside Quebec must complete 30 credits per 2-year cycle (the first cycle ends on December 1, 2023). The credits must be comprised of the following:

  • 8 Business Conduct (BC) credits;
  • 20 Professional Development (PD) credits;
  • 2 MFDA Compliance (MC) credits.

Credits are reported in the CE Reporting and Tracking System (“CERTS”), which is accessible through the MFDA website and the “Useful Links” section on the Investia Advisor Centre, where you can monitor your number of credits required, remaining and completed.

Quebec Representatives

Representatives registered in the province of Quebec must comply with the regulations of the Chambre de la sécurité financière (“CSF”) and accumulate the following professional development units (PDUs) per 2-year cycle (same end date):

  • 10 PDUs in general subjects;
  • 10 PDUs in compliance with standards, ethics and business conduct;
  • 10 PDUs in topics specific to each sector or registration category in which the Representative is authorized to pursue activities (group savings plan brokerage and any other category if applicable).

Representatives are responsible for reporting their CE credits with the CSF.

As a reminder, Representatives who are licensed in Quebec and in another province must comply with both the CSF and MFDA requirements outlined above.

Accredited Material on Investia Learning

To assist in reaching your CE credit requirements, Investia Learning, which is accessible through the Advisor Centre, has accredited material available to you at any time. Completed credits are reported to CERTS on your behalf monthly.

Useful Procedures – Investia Learning

To assist you with your training/accreditation process, below you will find two procedures providing related guidance on Investia Learning, which can also be found on the Investia Advisor Centre under Guides & Training / Practice Management:

Should you require additional clarification regarding CE requirements, please contact your Compliance Officer. For questions related to Investia Learning, we invite you to contact your Practice Management and Training Specialist.

Back to current issue

Also in this issue