In the fourth quarter of each year, the Securities
Industry/ Regulatory Council on Continuing Education (the "Council")
publishes the Firm Element Advisory ("FEA") to identify current
regulatory and sales practices for possible inclusion, where
appropriate, in Firm Element training plans. These topics are
routinely taken from a review of industry regulatory and
self-regulatory organizations' publications and announcements of
significant events. The most recent annual FEA was issued in
November 2006.
As a service to firms, the Council will now
also update the FEA in the second quarter each year for firms to use
in identifying topics to include in their Firm Element training.
Topics added to the FEA in the second quarter update will be flagged
as such, and will also appear in the year end FEA.
FEA topics are not exhaustive and are intended
for consideration for inclusion in training plans by firms. Each
firm should consider whether an FEA topic is relevant, bearing in
mind the specific nature of their business, clients, products and
services.
The updated Firm Element
Advisory can be accessed on the Council website at
http://www.cecouncil.com.
Questions about the Continuing
Education Program should be directed to Roni Meikle at (212)
656-2156 or Pat DeVita at (212)
656-2746.
