IN HB1336

Exempts merger and acquisition brokers from broker-dealer registration requirements in Indiana, provided they do not hold custody of funds/securities, engage in public offerings, represent both buyer and seller without disclosure, or involve shell companies or passive buyers

Establishes new examination requirements for agents and investment adviser representatives, including passing Series 63/65/66 examinations within two years of application, with waivers available for those holding certain professional designations (Certified Financial Planner, Chartered Financial Analyst, etc.)

Creates mandatory continuing education requirements for investment adviser representatives: 12 credits annually (6 credits ethics/professional responsibility, 6 credits products/practice), with compliance through FINRA's program accepted as alternative

Allows terminated investment adviser representatives to extend examination validity for up to five years by completing annual continuing education requirements while unregistered

Effective July 1, 2026, and directs the securities division to amend administrative rules to conform with the new requirements