CFAI Continuing Education Record

[Babsfrey]

The CFAI just sent an email indicating that my continuing education record has been updated. I got a CE credit of 40 and SER credit of 4
What is this all about? Is this credit sufficient for the whole year or will it cover more than one year? How do we get credits subsequently?

 

[S2000magician]

Je ne sais pas.
As there is no continuing education requirement (as yet), I, for one, wouldn’t worry about it.

 

[rian4489]

You probably received this from taking the exam in June. But as S2000 noted, it’s not a requirement so don’t worry about it. The guideline is for 20 CE and 2 SER per year. You earn them by attending investment related conferences, reading investment related articles, etc. There is a section on CFAI website that explains the details and how to earn them if you’re really bored one day and want to know for sure.

 

[Babsfrey]

Thanks for the information. The record actually stated that I earned it on June 1, 2013 (level 3 exam date). It appears that I have sufficient credit for 2 years. Not bad! A cursory look at the website shows that annual credit is not compulsory for CFA Charterholders but that it is recommended.

 

[trulyrural]

Passing Level I, II, and/or III of the CFA exam entitles you to 40 credit hours for each exam level passed, with automated recording by CFA Institute. Funny thing is, when I contacted CFAI, they insisted that “the maximum CE credit for any activity cannot exceed 20 credits per activity”. But this document clearly says otherwise:
http://www.cfainstitute.org/learning/continuinged/ce/Documents/activity_reference_times.pdf
Still waiting for the 40 CE credits…Cheers!