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YungUnitee Online Courses Financial Compliance Banking Compliance Selling Nondeposit Investment Products

Selling Nondeposit Investment Products

Created by: HSI - Health & Safety Institute Top Author
1,220 views Prime
Last Updated 10/2022
English
30-Day Money Back Guarantee
Full Lifetime Access
Finish in
5 min! Run Time
Made for for
Employees
only
No Certificate
Provided
Mobile -
Friendly
Access

What you'll learn

Explain how nondeposit investment products differ from insured deposits
Describe the disclosures required when selling mutual funds
Ensure customers understand that these products are not deposit-insured

Amendment 42-24 Authorized for use 1 January 2025 / Mandatory 1 January 2026

Key Words

banking safe banking HSI-ej4

Overview

FAQs

Description

More Americans are investing in mutual funds instead of interest-bearing accounts. Mutual funds are nondeposit investment products (NDIPs), which carry risks customers may not expect. This course covers selling them responsibly.

What this course covers:

  • What nondeposit investment products are, including mutual funds
  • How institutions offer NDIPs directly or through third parties
  • The risks consumers should understand
  • How to properly educate your customers
  • Guidelines surrounding the sale of these products

Ideal for bank staff and licensed representatives who sell or refer nondeposit investment products.

System Requirements

See System Requirements in the Coggno Knowledge Base

Frequently Asked Questions

This course is designed for employees who need to complete Selling Nondeposit Investment Products training

Yes. This course is designed to meet applicable federal requirements and commonly mandated state standards. Always confirm specific state or industry requirements with your local regulations.

The course takes approximately 5 minutes to complete and can be paused and resumed at any time.

No. This course does not include a certificate of completion.

Yes. You can assign this course to individuals or groups using Coggno’s LMS, or purchase multiple seats for your team.

Yes. This course can be exported for delivery in most learning management systems (SCORM compatible).

Yes. The course is fully self-paced and available 24/7.

Yes. This course includes a knowledge check to reinforce learning and verify completion.

Learners have lifetime access from the date of purchase.

Yes. A preview is available so you can review the course format and content before purchasing.

Yes. Content is reviewed and updated as regulations and best practices change.

Yes. This course is available for free with an active Prime Subscription.

Yes. Refund requests can be submitted within 30 days of purchase.
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