Overview: Designed for compliance professionals wanting to certify their knowledge of investment adviser regulatory obligations and gain additional competence in trading, regulatory mandates, disclosures and other current regulatory priorities. The IACCP program is co-sponsored by COMPLY and the Investment Adviser Association (IAA).
Value: A recognized industry compliance designation.
Timeline: 18 months to complete the program.
Requirements: 17 required and three elective courses, submission of an Ethics assessment and an Ethics statement, passing the IACCP certifying examination and two years work experience in investment adviser compliance.
What you earn: IACCP designation.
Education next step: Maintain the IACCP designation through annual continuing education (CE) requirements. IACCP Designees receive a discount to NRS events and the COMPLYConnect Conference and Expo, in addition to other benefits.
Required Compliance Education – 20 (2 Hour) Courses
Advisers Act (Six Required Courses)
- AA01: Introduction to the Advisers Act: Framework; Registration, Exclusions and Exemptions; Exempt Reporting Advisers; Private Fund Advisers; and More
- AA02: Books and Records Requirements for Investment Advisers
- AA03: Two Persistent Compliance Challenges: Insider Trading and Advisory Contracts
- AA04: Understanding Fiduciary Duties and a Sweep of the Anti-Fraud Provisions of the Advisers Act
- AA05: Advisers Act Anti-Fraud Rules: Custody, Political Contributions, and Proxy Voting Requirements
- AA06: Compliance Program Rules and Strategies for Managing Your Annual Review
Disclosure (Three Required Courses)
- DIS01: Form ADV Part 1: Annual Updating Amendment and More
- DIS02: Form ADV Part 2 and 3: Identifying and Disclosing Conflicts
- DIS03: Investment Adviser Marketing Rule
Trading (Three Required Courses)
- TRA01: Trading Practices, Portfolio Compliance and Related Enforcement Cases
- TRA02: Trading Compliance: Best Execution, Soft Dollars and Directed Brokerage
- TRA03: Two Trading Compliance Challenges: Valuation and Trade Errors
Mandates (Two Required Courses)
- MAN01: Mandates Beyond the Advisers Act: Anti-Money Laundering, ERISA, and ’34 Act Section 13 Reporting
- MAN02: Mandates beyond the Advisers Act: Data Protection: Privacy, Identity Theft, and Cybersecurity
Ethics (Two Required Courses)
- ETH01: Investment Adviser Codes of Ethics: The Rule Plus Implications of Gifts and Whistleblowers
- ETH02: Professional Ethics: Ethical Decision-Making for Compliance Professionals
Skills (One Required Course)
- SKL01: Critical Skills for High-Performance Compliance Professionals
Electives (Three Courses)
- Complete your coursework by selecting three additional 2-hour courses. For current year elective courses, view the course calendar here.
Additional Requirements
- Two years of work experience in investment adviser compliance
- Submission of Ethics Commitment
- Submission of the Ethics Assessment
- Certifying IACCP Examination, which can be accessed through the Kryterion Webassessor website.
Upon obtaining your IACCP designee status, you will be required to maintain your certification through an annual continuing education (CE) requirement.
Candidates who have obtained the Investment Adviser Core Compliance Program Certificate of Achievement may apply their coursework towards the completion of these requirements if they enroll in the IACCP program within 12 months of completing the IA Core Compliance program.
View the online events calendar here.
Any questions? Please email nrstraining@comply.com