Course Overview:
This course, Ethics for the Financial and Insurance Professionals, is designed to meet the mandatory 6-hour continuing education (CE) credit requirement under Ethics and Professional Responsibility for Investment Adviser Representatives (IARs).
The course provides a thorough understanding of the essential ethical principles that govern the behavior of financial and insurance professionals. By delving into the historical and philosophical roots of ethics and providing practical tools for identifying ethical challenges, this course will equip financial and insurance professionals with the knowledge needed to make sound ethical decisions.
Learning Objectives
Upon completion of this course, the participant will be able to:
- Understand the historical context and philosophical underpinnings of ethics in Western civilization.
- Identify the significance of ethics in the financial and insurance professions, and the challenges in establishing ethical standards.
- Describe the role of the key regulators in the financial and insurance industries, such as the SEC, FINRA, NAIC, and NASAA, and their respective roles in governing ethical practices.
- Understand the importance of trust in the financial and insurance.
- Apply ethical principles to avoid common unethical practices as outlined in the NAIC's Unfair Trade and Marketing Practices.
- Apply ethical decision making models and how to evaluate their effectiveness.
- Assess the role of general ethical principles to live and work by.
- Understand the importance of identifying Senior Fraud.