In March, 2018, the MFDA published, for a 90-day comment period, proposed Rules 1.2 (Definitions), and 1.2.6 (Continuing Education), and Proposed Policy No. 9 – Continuing Education (CE) Requirements, which would establish CE requirements for Members and Approved Persons, and minimum standards for complying with such requirements (see Bulletin #0743-P).
Subsequently, the MFDA engaged in further consultation, and provided Members and Approved Persons with status updates on various aspects of this initiative (see, for example, Bulletins #0788-P, #0793-P, #0808-P, and #0818-P).
The Rule and Policy proposals noted above have received all required approvals and will become effective on December 1, 2021.
Attached as Appendix A is a summary of the comments received on MFDA Policy No. 9.