In partnership with the National Society of Compliance Professionals (NSCP), St. Thomas Law offers two securities compliance certifications—Certified Investment Company Compliance Professional (CICCP) and Certified Securities Compliance Professional (CSCP).
The certifications obtained at the completion of the final exams distinguish individuals with intermediate to advanced proficiency and a commitment to advancing securities compliance practices.
Program Highlights:
14-week online courses
Instructors are leading financial services industry professionals
CSCP examination offered for BD, IA or Dual Registrants
CICCP examination offered for investment company compliance professionals
NSCP offers students a 1-year NSCP membership at a discounted rate of $150
If a student is a current member of NSCP, they can receive the student rate of $150 when their membership comes up for renewal, even if they are no longer a student. All questions about membership be directed to membership@nscp.org.
Three graduate-level academic credits are awarded by the University of St. Thomas with successful completion of the course, which can be applied to the online MSL degree program in Organizational Ethics & Compliance
Cost: $3,000 (includes the certification exam fee)
Students must hold a bachelor’s degree from an accredited college/university to apply.
Certified Securities Compliance Professional (CSCP)
The focus of the Certified Securities Compliance Professional (CSCP) course will be on Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) regulated financial services firms with a particular emphasis on Investment Advisers and Broker Dealers.
Compliance program management including risk assessment and risk management
Developing, monitoring and testing policies and procedures
Certified Investment Company Compliance Professional (CICCP)
The focus of the Certified Investment Company Compliance Professional (CICCP) course will be on Securities and Exchange Commission (SEC) regulated investment companies.
Introduction to the Mutual Fund Industry
The Role of the Board and Service Providers
Compliance Programs for Investment Companies, Rule 38a-1 and Code of Ethics Rule 17j-1
Organizing a Mutual Fund, Offering Documents, and Regulatory Filings.
Investment Company Act Section 15 – the Advisory Contract, Investment Management Agreements, and 15(c) Questionnaires
Investment Practices and Limitations, Transactions with Affiliates, Brokerage Practices, Diversification Rules, and Quarterly Certifications.
Fund Valuation & Portfolio Pricing
Shareholder Voting, Proxy Voting, and ESG Investing
Marketing and Distribution of Fund Shares
Business Continuity (DRP and Pandemic), Privacy – Reg S-P and Red Flag, Cybersecurity, and Anti-Money Laundering
The Annual Compliance Program Testing Program and Report
