If new training is added after completion of a specific years training plan, must training originally specified be completed?
A. No, not if the change is appropriate and in keeping with the firm’s changing needs and circumstances. A change would be logical if the new training improved on or replaced that originally planned, or if it were deemed necessary because changed circumstances suggested new training priorities. The annual training plan should be viewed as an evolving document that can be modified if circumstances warrant, and allow for deviation if experience or unanticipated developments suggest that changes are appropriate. Q. May continuing education for insurance licenses or training taken in conjunction with professional designation programs such as the Certified Financial Planner Program satisfy Firm Element requirements? A. Yes, but only the components of other continuing education requirements or accreditation programs dealing with securities may be used for Firm Element training. For example, if the covered person is insurance licensed, the firm offers insurance training related to investment-
