CE Quiz Template - May 2023

As a subscriber to Financial-Planning.com, you can earn up to 12 hours of CE credit from the CFP Board and the Investments & Wealth Institute.

Please read the articles and answer the questions below. To find the related article, click on the hyperlinked title of the story – both online-only articles as well as stories published in the magazine.

You must answer 8 of the 10 questions correctly to qualify for CE credit.

Financial Planning does not email a certificate of completion. Please take a screenshot of the results screen, and keep the confirmation for your records. Financial Planning reports results to the CFP Board weekly. The board may take an additional two weeks to post results.

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1. Solo RIAs are required to register with the SEC when they have at least this much in assets under management? *This question is required.

2. RIAs registered at the state level must submit an annual amendment to their Form ADV parts 1, 2A brochure and 2B brochure supplement. The deadline for submitting the annual amendments to both forms is: *This question is required.

3. After Part 2 of Form ADV is submitted, RIAs must then provide the form, or a summary of any material changes plus an offer to provide a copy of Part 2A, to clients within this time period. *This question is required.

4. Per Regulation Best Interest, brokers and advisors cannot recommend which of the following products to clients: *This question is required.

5. When a client is granted restricted stock units, they become taxable: *This question is required.

6. In which of these cases would interest payments on a securities-based loan NOT be deductible? *This question is required.

7. Under current law, companies can forcibly distribute a 401(k) plan participant’s balance, without the employee’s consent, if it’s less than this amount when the employee leaves the company. *This question is required.

8. Companies that received PPP loans during the pandemic were eligible for forgiveness if they used at least this percentage of the loan toward payroll expenses. *This question is required.

9. Per FINRA, advisors who took PPP loans to shore up outside business activities — such as selling private securities — must disclose such activities in this document. *This question is required.

10. The Securities and Exchange Commission defined an accredited investor as someone with a net worth over this much and an annual income of more than this amount (if unmarried). *This question is required.

11. First Name *This question is required.

12. Last Name *This question is required.

13. CFP Board ID Learn more about CFP Board Certification

14. IMCA ID Learn more about IMCA Certification

15. Email Address *This question is required. This question requires a valid email address.

Continuing Education credit — May 2023