Call Now : 888.433.2666 or Contact Us

RSS
  • Filter
  • Switch to grid layout
  • Swtich to table layout
  Name SKU Description Category Additional data
Regulation R: Exceptions From Definition of Broker

Seat Time: 0.25hrs - Desc:

This course will introduce the learner to Regulation R, which was jointly adopted by the Securities and Exchange Commission (SEC) and the Federal Reserve Board (FRB). The course will describe for the learner the purpose of Regulation R and will also discuss conditions that must be satisfied for employees to receive compensation in an unlimited amount from a broker-dealer. After completing this program, the learner will understand:

  • What qualifies a referral fee as "nominal."
  • Restrictions on employee bonuses.
  • Requirements for institutional referrals.
Compliance & Regulatory
Regulation J: Check Collection by FRBs and Funds Transfers

Seat Time: 0.25hrs - Desc:

This course will introduce the learner to Regulation J, which establishes responsibilities of the Federal Reserve System and the rules for the collection of checks and other items. The course will discuss for the learner the relationship of the Regulation to the Federal Reserve System. After completing this program, the learner will understand:

  • Purpose of Regulation J.
  • Sending and returning items to a reserve bank.
  • Role of Fedwire in debiting and crediting accounts.
Compliance & Regulatory
Regulation K: International Banking Operations

Seat Time: 0.25hrs - Desc:

This course will introduce the learner to the provisions of Regulation K, which governs international banking operations. The course will provide the learner with an overview of different corporations affected by the Regulation. After completing the program, the learner will understand:

  • Which international banking operations are covered under Regulation K.
  • Definition of "edge corporations" and "international corporations,"
  • Relationship of Regulation K to foreign banks.
Compliance & Regulatory
Regulation L: Management Official Interlocks

Seat Time: 0.25hrs - Desc:

This course will introduce the learner to Regulation L and its relationship to bank management. The learner will be instructed on the rules and restrictions for management officials and if they can serve as management officials at other financial institutions. After completing this program, the learner will understand:

  • Restrictions on simultaneous management.
  • Exceptions to Regulation L.
  • Examples of depository organizations that will allow for simultaneous management.
Compliance & Regulatory
Regulation M: Consumer Leasing Act

Seat Time: 0.25hrs - Desc:

This course will introduce the learner to Regulation M, otherwise known as the Consumer Leasing Act. The learner will be instructed on the definition of leasing language, specifically "lease," "consumer lease," "lessee," "lessor," and more. After completing this program, the learner will understand:

  • Basic definitions of leasing language.
  • Requirements with disclosure forms and disclosure content.
  • When leases can be renegotiated and extended.
Compliance & Regulatory
Regulation N: Relationships with Foreign Banks and Branches

Seat Time: 0.25hrs - Desc:

This course will introduce the learner to Regulation N, which is internal to the Federal Reserve System and applies to foreign banking. The learner will be provided with an overview of the purpose of Regulation N. After completing this program, the learner will understand:

  • Restrictions established under Regulation N.
  • When Regulation N requirements apply.
  • Regulation N permissions.
Compliance & Regulatory
Regulation O: Loans to Executive Officers or Directors Seat Time: 0.25hrs - Desc:

This course will introduce the learner to Regulation O by explaining its purpose: to limit the amount of credit that a lending institution may extend to its insiders. The course will also familiarize the learner with the concept of insiders and how and why restrictions exist in regard to their role at the institution. After completing this course, the learner will understand:

  • Who is considered an insider.
  • The various restrictions on loans to executive officers.
  • The penalties that institutions may face for violating Regulation O.
Compliance & Regulatory
Regulation YY

Seat Time: 0.25hrs - Desc:

This course will describe Regulation YY, which implements the Enhanced Prudential Standards and early remediation requirements mandated by Section 165 of the Dodd-Frank Act. This course will further explore the final enhanced prudential rule, capital requirements, and stress testing requirements. Upon completion of this course, the learner will understand:

  • The repercussions for FBOs of failing to meet capital adequacy standards
  • The FBO stress testing requirements mandated by the FRB
  • The changes implemented by the Final Enhanced Prudential Rule
Compliance & Regulatory