HI HB1743

Amends Section 431:10D-622 to require that if a broker-dealer or registered representative is subject to a more restrictive standard than the federal Regulation Best Interest standard, the more restrictive standard shall apply.

Modifies Section 485A-411 to allow up to twelve hours of annual continuing education completed to satisfy another licensing requirement administered by the department to count toward the annual continuing education requirement for individuals registered under Section 485A-404.

Changes terminology in Section 431:10D-622(3) from "such" to "that" status regarding fiduciary duties under the Employee Retirement Income Security Act of 1974 and Internal Revenue Code of 1986.

Takes effect July 1, 2024.