Exchange Traded Funds (ETFs) have gained popularity in recent years as a low cost alternative to mutual funds with their one-time commission fee and lower operating expenses. As a result of this popularity, ETFs have been the focus of increased regulatory concern. In response to this concern and special requests from our clients, FIRE Solutions has developed a Firm Element Continuing Education course entitled Exchange Traded Funds, designed to accommodate the training needs of our clients who offer ETFs. This month's newsletter includes an excerpt from this new course.

Click here for your copy of the excerpt"The Basics of Exchange Traded Funds".

FIRE Solutions Firm CE Course - Exchange Traded Funds

Exchange Traded Funds is intended for any financial service industry professional interested in the latest developments and regulatory focus of the ETF market. This course is most beneficial for institutional representatives, representatives with high net-worth clients, investment advisers, supervisors, and support staff.

This course is designed to provide students with a working knowledge of distinctive ETF terms, features, suitability factors, and risks. It will also help students gain proficiency with leveraged and inverse ETF calculations.

This course presumes knowledge of basic trading and analysis concepts. It also requires some light mathematic calculations.

FIRE’s Exchange Traded Funds course includes:

• ETF terms and features
• Types, purpose, and structure of ETFs
• Suitability and risks
• Communication practices regarding ETFs
• Leveraged and inverse ETFs
• Time and volatility calculations
• Margin requirements for leveraged ETFs

For a more detailed explanation of FIRE's Exchange Traded Funds course, contact one of our sales representatives. A link to our catalog that outlines our 2010 Firm Element CE, Annual Compliance Meeting Topics, Insurance CE, CFP, and Securities Licensing courses is available here.

Other Key Updates

In 2009, we added 35 new courses to the Fire Solutions catalog and this year we will be adding 34 more. The new courses descriptions are available in our catalog.

For more information, contact Eric Sternbach at esternbach@firesolutions.com.