FINRA Rule 2821 Training Requirement Set to go into Effect on May 5, 2008

Released on: January 20, 2008, 10:36 am

Press Release Author: Quest CE/Michael Halvorsen

Industry: Education

Press Release Summary: Despite the recent SEC ruling, which delayed paragraph (c) of
FINRA Rule 2821 from going into effect until August 4, 2008, registered
representatives and supervisors must begin to comply with training requirements on
May 5, 2008.

Press Release Body: Rule 2821, also called the Variable Annuity Rule, requires
organizations to train their registered representatives on deferred variable
annuities. Both firms and agents must understand the requirements of the new rule
and establish a schedule for compliance training. They must also have a
record-keeping system in place.

Developed by industry experts, Quest CE\'s Deferred Variable Annuity Training Program
allows supervisors and registered representatives to complete the training module
online at their convenience. Once a student successfully completes a course, they
may print a certificate of completion for their records. Additionally, student
progress and completions can be monitored by compliance administrators online, and
all records are maintained through Quest CE\'s online record-keeping solution.

Quest CE\'s deferred variable annuity training site
(www.deferredvariableannuitytraining.com) and program, was designed to help
financial professionals understand the suitability issues that affect the sale or
exchange of deferred variable annuities.

With Quest CE\'s two training modules, one for supervisors and one for producers,
companies can ensure compliance with FINRA Rule 2821 for as little as $2 per user.

About Quest CE
Over the past 20-plus years, Quest CE has built a reputation of being the premier
provider of Continuing Education and Compliance Solutions to the financial services
industry. In addition to offering CE for professionals holding insurance licenses
and professional designations like the CFP, CIMA, CLU/ChFC, and CPA designations, we
also provide a complete spectrum of financial training solutions.


Web Site: http://www.deferredvariableannuitytraining.com/

Contact Details: 13040. W. Lisbon Rd.
Suite 600
Brookfield, WI 53005
262-432-0441
http://www.deferredvariableannuitytraining.com/

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