FIRE Solutions is pleased to announce the addition of ERISA and the Fiduciary Standard to our Firm Element Continuing Education course catalog.
ERISA and the Fiduciary Standard is an intermediate course intended for retail and investment adviser representatives, as well as any financial service industry professional interested in learning about ERISA’s fiduciary status and the important new regulations surrounding this topic.
ERISA and the Fiduciary Standard explores how the rules that mandate who is a fiduciary under ERISA have been significantly changed. Through this course, students will learn what it means to be a fiduciary in the eyes of ERISA and the Department of Labor. The top responsibilities of fiduciaries are listed, as well as an overview of actions that are prohibited and which could result in disciplinary actions. Lesson 2 explains the rule changes that will greatly affect broker/dealers and their registered representatives.
The course discusses the current regulatory focus on ERISA retirement plans and IRAs and what firms and reps should do to stay in compliance with the new rules and avoid conflicts of interest which could result in personal liability.