Field Updates

The 2019 Annual Compliance Meeting

The official start of the 2019 Annual Compliance Meeting is August 1st. As of this morning, based on your affiliation and licensing, training has been assigned to you in the Quest CE and KnowBe4 platforms. Directions on how to gain entry to your profiles for each platform are included at the end of this post.

The meeting this year will consist of the following components. A brief description of each training and a table outlining requirements based on your licensing has been included. To ensure the Annual Compliance Meeting is completed in a timely manner you will have until October 1st to have it completed.

Cybersecurity: KnowBe4
The Cybersecurity training this year will consist of the 2019 Kevin Mitnick Security Awareness training with two different phishing games; the 2019 Danger Zone and the Phish Catcher Game. Once these are assigned you will receive periodic reminders from KnowBe4 until it is completed. Please note: These are the only trainings that will not be completed on the Quest CE site as you will need to access your KnowBe4 profile to complete it.

The Firm Element: (FE)
This topic will be required for anyone licensed under Regulus. It will consist of a Digital Assets training. If you are only licensed through Regal, then this will not be assigned to you.
The Annual Meeting Topic: (AM)
These topics will be required for all licensed individuals on the Regal and Regulus side. The trainings for the Annual Meeting portion are on Outside Business Activities, Private Securities Transactions and Protecting Senior Investors. If you attended the compliance meeting at the Las Vegas event earlier this year you will not be required to complete the Outside Business Activities and Private Securities Transactions training.

Anti-Money Laundering: (AML)
This is the annual anti-money laundering training required by FINRA Rule 3310 to be completed by anyone associated with the securities industry. This includes both licensed and unlicensed individuals. This will consist of the Anti-Money Laundering for Financial Services Professionals training.

Need Analysis: (NA)
This is a short questionnaire that asks if there is any additional training you would like to receive. It is required to be completed by everyone.

Compliance Questionnaire: (CQ)
This is a questionnaire for all licensed individuals about their business practices. It is used to identify any potential compliance issues.

Below is a table summarizing the training by affiliation type:

Affiliation Type

Training Requirements

Regulus (BD) or Hybrid (BD + RIA)

Cybersecurity (55 mins), FE (30 mins), AM (40 mins), AML (35 mins), NA (10-15 mins), & CQ (20 mins).

Regal Investment Advisors (RIA) Only

Cybersecurity (55 mins), AM (40 mins), AML (35 mins), NA (10-15 mins), & CQ (20 mins)

Everyone

Cybersecurity (55 mins), AML (35 mins), & NA (10 – 15 mins)

Quest CE Login Information:
1 Go to: https://learn.questce.com/regalria/  
2 Enter your username in the box on the left of the screen
3 Enter your password. If you are unsure what your password is, please follow these steps:
a Click the red ‘FORGOT PASSWORD’ below the blue ‘Sign In’ button
b Enter your username and last name
c Answer the password reset questions
d You will receive a reset code in your email, enter this into the window
e Create a new password and click ‘Continue’

KnowBe4 Login Information:
1 Go to: https://www.knowbe4.com/
2 Click on the “Account Login” button in the upper right-hand corner of the screen.
3 Enter your business email address.
4 If you have signed into KnowBe4 previously, enter your password to gain entry to your profile.
5 If you have not signed into KnowBe4 previously, follow the onscreen prompts to create a password. Once gaining entry to your profile, complete your assigned training.

If you need any assistance with the Quest CE platform, please reach out to Rose Lee (rlee@regalfin.com) or Delena Sanders (dsanderes@regalfin.com). For any assistance with the KnowBe4 platform, please reach out to Rose Lee (rlee@regalfin.com) or Abigail Morgan (amorgan@regalfin.com). General questions can be directed to Ben Westin (bwestin@regalfin.com) or Abigail Morgan (amorgan@regalfin.com).