On July 12, FINRA reminded registered firms of upcoming continuing education deadlines in an information notice. FINRA noted all registered persons must complete the Regulatory Element of their continuing education as required by FINRA Rule 1240 by December 31. Those failing to do so will be designated as having their continuing education inactive. Firms must develop an annual written training plan to meet the Continuing Education Firm Element requirement. To assist in this, FINRA developed Financial Learning Experience, a content catalog that firms can use to create training programs.

Monitoring continuing education obligations can be done through FINRA Gateway, as well as setting deadlines, and sending automated notifications to registered individuals. FINRA encourages registered individuals and firms to use available resources to comply with continuing education requirements and enhance professional development.