Publication Date
2025-03-19
effective date
2025-03-19
jurisdiction
Michigan Implements EVEP and MQP for Agents and Investment Adviser Representatives
Posted March 18, 2025, Michigan Department of Licensing and Regulatory Affairs adopted rules to implement the Examination Validity Extension Programs (EVEP) and the Maintaining Qualifications Program (MQP) for agents and investment adviser representatives. The EVEP and MQP programs allow eligible agents and investment adviser representatives to extend the validity of their qualifications for up to five years after leaving employment with a firm. Please see attached for more information.
AgentSync Actions
Our compliance experts are constantly searching for and analyzing industry updates. Their findings are then recorded in the Regulatory Updates section of the Compliance Library to explain how the update impacts the insurance industry. If a change impacts an AgentSync product, this will be highlighted to inform you that the product is being updated to ensure you remain in compliance.
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This update has been reviewed by AgentSync compliance experts for industry impact and necessary automation in the AgentSync platform.
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