Curated News
By: NewsRamp Editorial Staff
May 09, 2024
Investments & Wealth Institute's CIMA® Certification Added to NASAA Model Rules Series 65/66 Exam Waiver List
TLDR
- CIMA® certification recognized as waiver from Series 65/66 exams, giving professionals advantage in becoming IARs.
- CIMA® curriculum covers wide range of topics related to managing portfolios for individual or institutional clients.
- CIMA® designation helps financial professionals better serve clients as fiduciaries, enhancing consumer protection and adviser standards.
- CIMA® certification, recognized by NASAA, offers financial professionals opportunity to enhance their expertise and qualifications.
Impact - Why it Matters
The recognition of the CIMA® certification by NASAA as a waiver for the Series 65 or 66 exams is a significant development for financial professionals and investment adviser representatives. This decision not only enhances the evaluation and registration process for IARs, but also maintains high standards within the financial services industry, ultimately benefiting clients and consumers.
Summary
The Investments & Wealth Institute has announced that its Certified Investment Management Analyst® (CIMA®) certification has been recognized by the North American Securities Administrators Association as a designation eligible for waiver from the Series 65 or 66 exams. This recognition represents a major step forward for CIMA certified professionals and is the first new voluntary certification to be approved and added to NASAA’s model rule in 24 years. The approval is consistent with an adviser’s duty of care owed to its clients, and each state must still adopt NASAA’s amended rule for CIMA certification to automatically qualify as a waiver from the Series 65 or 66 exam requirement.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Investments & Wealth Institute's CIMA® Certification Added to NASAA Model Rules Series 65/66 Exam Waiver List
