The Certified Investment Company Compliance Professional (CICCP) is a graduate-level program for experienced investment company compliance professionals, offered through the University of St. Thomas in collaboration with the National Society of Compliance Professionals (NSCP). Upon successful completion of the academic course and the CICCP certification exam, candidates will be granted the CICCP designation offered by NSCP.

The certification obtained at the completion of the final exam distinguishes individuals with intermediate to advanced proficiency and a commitment to advancing securities compliance practices.  The focus of the course will be on Securities and Exchange Commission (SEC) regulated investment companies.

CICCP Program Highlights:

  • 14-week course delivered online
  • Instructor a leading financial services industry professional
  • CICCP examination offered for investment company compliance professionals
  • Discounted NSCP membership*
  • Three graduate-level academic credits are awarded by the University of St. Thomas with successful completion of the course, which can be applied to the online MSL degree program in Organizational Ethics & Compliance
  • Cost: $3000.00 plus a nominal technology fee (includes the CSCP certification exam fee)
  • Spring 2022 offering: The course will run January 18, 2022 to May 2, 2022

Areas of Compliance Covered:

  • Introduction to the Mutual Fund Industry
  • The Role of the Board and Service Providers
  • Compliance Programs for Investment Companies, Rule 38a-1 and Code of Ethics Rule 17j-1
  • Organizing a Mutual Fund, Offering Documents, and Regulatory Filings.
  • Investment Company Act Section 15 – the Advisory Contract, Investment Management Agreements, and 15(c) Questionnaires
  • Investment Practices and Limitations, Transactions with Affiliates, Brokerage Practices, Diversification Rules, and Quarterly Certifications.
  • Fund Valuation & Portfolio Pricing
  • Shareholder Voting, Proxy Voting, and ESG Investing
  • Marketing and Distribution of Fund Shares
  • Business Continuity (DRP and Pandemic), Privacy – Reg S-P and Red Flag, Cybersecurity, and Anti-Money Laundering
  • The Annual Compliance Program Testing Program and Report
  • Reporting to the Mutual Fund Board
  • How to handle an SEC Mutual Fund Exam

CICCP Program Registration Qualifications:

  • Bachelor’s Degree from an accredited college/university required

CICCP Designation Use Qualifications:

  • Member of NSCP
  • A minimum of three years employment in the financial securities industry is required in order to use the CICCP designation

For more information, please contact:
Colleen Dorsey
Director, Organizational Ethics & Compliance Programs
University of St. Thomas