BMM Officer Earns Investment Adviser Certified Compliance Professional Designation
 |
DALTON, Mass. – Jayne Bills, a compliance officer with Berkshire Money Management, has earned the National Regulatory Service's Investment Adviser Certified Compliance Professional designation.
The IACCP is a comprehensive program that formalizes and standardizes the knowledge, skills and ethical commitment of investment advisory compliance professionals. Accordingly, designees are charged with helping to both maintain an ethical compliance culture in their firm and advance compliance as a profession.
"Registered Investment Advisors are the most regulated group in the financial services industry. And we love that because people know they won’t get ripped off by annuities, 'free' American Funds, or the stock of the day," said BMM Founder and CEO Allen Harris. "But that also means we have a tremendous and ever-changing compliance workload. You know how a lot of doctors are forced to spend more and more time on paperwork and less and less time with their patients? Well, Jayne has fixed our version of that problem. She handles the heavy lifting so that our six advisors can focus solely on our clients, as opposed to tracking and documenting data."
Exhaustive certification and course development, together with expert instructors and facilitators from the compliance, legal, regulatory, financial industry, and academic sectors, help ensure that individuals earning the IACCP designation have been trained, tested and certified to meet high industry professional standards.
Coursework for this certification is comprised of 20 two-hour courses that cover topics like the Advisers Act (the predominant law governing Advisers), Ethics, Trading Compliance and more. In addition to this rigorous work, Bills completed an Ethics commitment and assessment paper, and studied various applicable Laws and Rules, SEC Guidance and Interpretations (and various other kinds of SEC publications) in order to pass a three-hour culminating exam. She also completed two years of required IA Compliance experience. In order to maintain her IACCP designation, Bills must complete 12 hours of continuing education each year.
