Have to take CE-101 course. What is that?
I got hit with a minor infraction with the State of FL and so they mandated I take NASD CE-101 course. At first it was supposed to be within 90 days of activation of my registration, but now my registration is on hold until I take this course which I am scheduled to do Monday.
I see it is a 3 1/2 course, but have no idea what it is actually on, or if it is something I am supposed to be studying for. Tried looking it up online without much avail. I have been a rep for 6 years.
I think you are referring to the following items.
http://www.finra.org/web/groups/industry/@ip/@comp/@ced/documents/industry/p120307.pdf how come you haven't been told anything from your Compliance department.
Hope it helps
just got hired 3 weeks ago and they just told me they heard back from the state and I needed to take the CE class now.
Just looked at the PDF...shit, I might as well be taking the Series 7 again without any studying. FANTASTIC...shoot me now.
it was the fault of your previous employer for to have taken the CE course...and of course yourself to be knowledgeable of your responsibilities. Check with your compliance department but if I recall correctly you can't fail the exam.
Take it easy, if the weather ic nice where you are have a drink or 5 outside and get to sleep early.
FINRAs site says if you fail you can retake it another day. It just looks like I am taking the Series 7 Exam all over again which sucks since some of those things I haven't used in my career...like margin, reg T, etc...should be interesting.
Its not a pass / fail test. And if you have sold or bought a security then you use reg T lol.
I know. Just saying...but it is pass / fail per FINRA's site. If you fail one of the 4 modules you don't pass and have to come again another day it says.
If you fail one of the modules ....... perhaps this isn't the profession for you.
passed. It was such a breeze. It sounded tougher from the FINRA site, but it was about as easy as one could make it. Thanks again!
I'm really glad to hear that, YankeeNole. I was told yesterday that I needed to do the CE (inactive for over 1 year), and sitting for the exam in less than 2 hours. I've been sweating over it since, didn't sleep very well. When someone explained to me yesterday, that it was a "situational" exam, and all I had to do was pick the most appropriate decision/action, I felt better. Glad that you posted your outcome. Even if it was 5 years earlier.