The following definitions apply throughout this chapter:

1. (1) "Authorized provider" means a person that NASAA or its designee has authorized to provide continuing education content.
2. (2) "Credit" means a unit that has been designated by NASAA as at least fifty (50) minutes of educational instruction.
3. (3) "Ethics and professional responsibility continuing education content" means NASAA approved investment adviser representative continuing education content that addresses an investment adviser representative's ethical and regulatory obligations.
4. (4) "FINRA" refers to the Financial Industry Regulatory Authority.
5. (5) "Home state" means the state where the principal office and place of business of an investment adviser representative is located.
6. (6) "NASAA" refers to the North American Securities Administrators Association or a committee designated by its board of directors.

7. (7) "Products and practice continuing education content" means NASAA approved investment adviser continuing education content that addresses an investment adviser representative's continuing skills and knowledge regarding:

   1. (A) financial products;
   2. (B) investment features; and

   3. (C) practices;

      in the investment advisory industry.

8. (8) "Reporting period" means one (1) twelve (12) month period as determined by NASAA.
9. (9) "Series 7 examination" means the general securities representative examination administered by FINRA.
10. (10) "Series 63 examination" means the uniform securities agent state law examination administered by FINRA.
11. (11) "Series 65 examination" means the uniform investment adviser law examination administered by FINRA.
12. (12) "Series 66 examination" means the uniform combined state law examination administered by FINRA.

As added by P.L.41-2026, SEC.7.