2022 Iowa Code
Title XII - BUSINESS ENTITIES
Chapter 502 - UNIFORM SECURITIES ACT (BLUE SKY LAW)
Section 502.808 - Training requirements.
502.808 Training requirements.
1. A broker-dealer or investment adviser shall provide to its qualified individuals training appropriate to the job responsibilities of a qualified individual. The training shall include all of the following:
a. Instruction on how to identify the suspected or attempted exploitation of an eligible adult, including common signs indicating the financial exploitation of an eligible adult, and how to provide notification regarding the suspected or attempted exploitation of an eligible adult.
b. Instruction regarding privacy and confidentiality requirements.
2. A broker-dealer or investment adviser shall provide the training required by this section as soon as reasonably practicable, but at least within one year after the date the qualified individual begins employment with or becomes affiliated or associated with a broker-dealer or investment adviser.
3. The administrator may adopt rules specifying the content and method of the training required by this section.
2021 Acts, ch 137, §10
Referred to in §502.801
NEW section
