On July 3, 2024, South Dakota announced proposed rules regarding examination validity program and maintaining qualifications program for broker-dealer agents, investment advisers, and investment adviser reps, and to update the examination requirement. See attachment for full details. 

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.