Statutes, codes, and regulations
Oregon Administrative Code
Chapter 441 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, FINANCE AND SECURITIES REGULATION
Division 175 - LICENSING OF BROKER-DEALERS, INVESTMENT ADVISERS, AND SALESPERSONS
Section 441-175-0190 - Definitions for Investment Adviser Continuing Education

Or. Admin. R. 441-175-0190

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Current through Register Vol. 63, No. 9, September 1, 2024
Section 441-175-0190 - Definitions for Investment Adviser Continuing Education

As used in OAR 441-175-0190, the following definitions apply unless context requires otherwise.

(1) "Approved IAR Continuing Education Content" means the materials, written, oral, or otherwise that have been approved by NASAA or its designee and which make up the educational program provided to an investment adviser representative under this rule.
(2) "Authorized Provider" means a person that NASAA or its designee has authorized to provide continuing education content to meet the requirements of OAR 441-175-0190.
(3) "Credit" means a unit that has been designated by NASAA or its designee as at least 50 minutes of educational instruction.
(4) "FINRA" means the Financial Industry Regulatory Authority.
(5) "IAR Ethics and Professional Responsibility Content" means approved IAR continuing education content that addresses an investment adviser representative's ethical and regulatory obligations.
(6) "IAR Products and Practice Content" means approved IAR continuing education content that addresses an investment adviser representative's continuing skills and knowledge regarding financial products, investment features, and practices in the investment advisory industry.
(7) "Investment Adviser Representative" or "IAR" means an individual who meets the definition of "investment adviser representative" in ORS 59.015 and an individual who meets the definition of "investment adviser representative" under 17 CFR 275.203A3.
(8) "Home State" means the state in which the IAR has its primary place of business.
(9) "NASAA" means the North American Securities Administrators Association or a committee designated by its Board of Directors.
(10) "Reporting Period" means one twelve (12) month period as determined by NASAA. An investment adviser representative's initial Reporting Period with this state commences the first day of the first full Reporting Period after the individual is licensed or required to be licensed with this state.

Or. Admin. R. 441-175-0190

FSR 4-2022, adopt filed 12/22/2022, effective 1/1/2023

Statutory/Other Authority: ORS 59.285

Statutes/Other Implemented: ORS 59.285