Both the 2023 Annual Compliance Meeting (“ACM”) and the 2023-2024 Firm Element continuing education (“FE”) program are available in RegEd for all Registered Representatives (“RRs”). This field notice explains these requirements and how to access them.
Please note the due dates for completing the ACM and FE, as they are different:
– Annual Compliance Meeting: complete by December 31, 2023
– Firm Element CE: complete by February 28, 2024
2023 ANNUAL COMPLIANCE MEETING
Login to RegEd (see below for instructions). Under the “My Requirements” section, find “Equity Services Inc. 2023 Annual Compliance Meeting”.
Click on the course and the meeting will open in a new window. Ensure the volume on your device is working, as you must be able to hear the audio. As a reminder: ensure you complete the acknowledgement at the end of the presentation in order to receive credit for the meeting. If you don’t complete the acknowledgement, the system will not record your session as complete.
FIRM ELEMENT CE COURSE ASSIGNMENTS
FE courses are listed under the “My Requirements” section of your home page. All registered persons are assigned and must complete the following courses:
– Churning: 3rd Edition (819_3)
– FINRA: Outside Business Activities (EL_ELC132)
– Cybersecurity: Threats & Trends (933)
– Variable Annuities & FINRA Rule 2330(913)
– AML Annual Update: 2023 (35AU23)
Branch Office Supervisors and Supervisory Designees have one additional course:
– FINRA: Compliance Reminders for Supervisors (EL_ELC266)
SINGLE SIGN-ON (SSO) WITH REGED
Use your NLG login credentials to access your agent portal. From the home page, click on “Tools”. Under “ESI Business Tools ”, scroll down to “Training and Education” and click “RegEd Continuing Ed”.
This will bring you to your RegEd dashboard. From there you can launch your Firm Element courses.
If, for some reason, you have a problem with SSO, you can still access your courses directly through RegEd’s website:
– Check your email for a welcome message from RegEd
– Go to www.reged.com:
– Click “Secure Login” à “RegEd Compliance Management”
– At the login screen:
– Username: your ESI rep code (included in your welcome message from RegEd)
– Password: Welcome#23 (you will be prompted to change this upon login)
– Company code: EQUITYSI
If you did not receive an email with your username, click “Username” on the login screen:
Provide your NLG email address and click “Submit”. You will receive an email with your username.You can also click on “Password” if you have forgotten your password.
RegEd customer support is available Monday-Friday, 8:00am to 8:00pm EST. Technical questions with the RegEd website can be directed to RegEd Customer Service at 800-334.8322 or info@reged.com. RegEd’s Web Chat feature is available at www.reged.com/contactus.
QUESTIONS
Please see the attached Frequently Asked Questions for additional guidance. If you still have questions regarding these programs, please feel free to contact Christine Embling at cembling@nationallife.com.
FREQUENTLY ASKED QUESTIONS
How long do I have to complete the Annual Compliance Meeting?
The Annual Compliance Meeting must be completed by 12/31/2023.
How long do I have to complete the Firm Element courses?
The Firm Element courses must be completed by 2/28/2024.
What if I miss the due date?
A RR who has not completed the Annual Compliance Meeting by 12/31/2023 or the Firm Element courses by 2/28/2024 may be subject to disciplinary action.
How do I pay for my courses through RegEd?
The cost of the Firm Element courses is covered in the ESI affiliation fee. You will not have to pay separately for your Firm Element courses.
Am I required to complete the Firm Element courses?
Covered Persons, as defined under FINRA Rule 1240(b)(1), are subject to the Firm Element CE program. Covered Persons include all registered persons, including those who maintain solely a permissive registration.
Do I have to complete the Firm Element courses if I join ESI mid-year?
RRs whose ESI affiliation is active prior to 7/1/2023 must complete the program. Those whose ESI affiliation is active on or after 7/1/2023 are exempt from the current year’s Firm Element CE program.
What if I recently completed FINRA’s Regulatory CE Session?
Regulatory Element training is an online exam administered by FINRA and must be completed on an annual basis. Firm Element training is an annual requirement administered by the broker-dealer and must be completed in addition to the Regulatory Element. Both are required elements of FINRA’s comprehensive CE requirement.
Can I obtain insurance CE credit through RegEd?
You can purchase insurance CE courses directly from RegEd by going to www.RegEd.com à Education à Education Resources. You will be responsible for the cost of courses purchased to fulfill insurance CE requirements, and RegEd will bill you directly. Additional fees for CE credits may vary depending on the state(s) requested.
What if I am having system issues?
For technical assistance with the RegEd website or questions on insurance CE credit, RegEd customer support is available Monday-Friday, 8:00am to 8:00pm EST. Technical questions with the RegEd website can be directed to RegEd Customer Service at 800-334.8322 or info@reged.com. RegEd’s Web Chat feature is available at www.reged.com/contactus.
Will my courses through RegEd fulfill certain National Life requirements?
No, National Life maintains a separate AML requirement, apart from ESI’s Firm Element curriculum. Your National Life Annual E&O update and AML renewal can be easily updated in one system. Please contact National Life’s Compliance group for information on taking the 2-year AML renewal for National Life.
TC136980(1023)1