Ethics and Professional Conduct Course (EPC)

The objective of the EPC course is to provide students with a comprehensive understanding of their requirements related to ethical conduct, standard of conduct, and their regulatory obligations. Students learn about ethics, the regulators, securities regulations and legislation, obligations for dealing with clients, the Know Your Client (KYC) and suitability obligation, and prohibited practices.

Tools and Pricing

Standard Course Price $360
IFIC Members Course Price $360
Printed Textbook $70
Click here!Don’t know if your firm is a member of IFIC?

Questions? Contact info@ifse.ca.

Course Information

COURSE DETAILS
Delivery Online
Language English
Suggested study time 30-60 hours
Enrolment period 1 year
Practice exam Yes, 50 questions

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WHO SHOULD ENROL
  • Compliance professionals
  • Scholarship plan dealers
  • Portfolio managers
  • Investment fund managers

EXAM DETAILS
Format Computer-based test delivered by Pearson VUE
Time permitted 90 minutes
Question format Multiple choice
Passing grade 60%
Attempts allowed 3
Note: Your first exam attempt (exceptions may apply) is included in the price of the course enrolment. Additional fees apply for subsequent exam attempts.

Click here!CE Credit Matrix
EXAM STRUCTURE
Unit Weighting
(%)
Ethics and Standard of Conduct 9%
Regulatory Environment 20%
Registration 13%
Dealing with Clients 26%
Know Your Client, Know Your Product, and Suitability 20%
Prohibited Practices 12%

FAQ

IFSE has partnered with Pearson VUE to offer computer-based testing. Currently, only certain courses have this option available. Check the course webpage.

Once you register for the course, you will be sent an “Authorization to Test letter”, by email, from IFSE.  You will also receive a detailed email about your Pearson VUE “Web Account” from Pearson VUE.  These emails will provide more information on how to register for a computer-based exam.

You may register for a computer-based exam by logging into your IFSE account. Once you have logged in:

  • Select "Exams".
  • Select "Pearson VUE Computer Based Testing". Follow the instructions given to you on your "Authorization to Test Letter" (and detailed email from Pearson VUE) to activate your Pearson VUE account and schedule your exam.

Contact us if you require assistance.

Arrive at the test centre 15 minutes before your scheduled appointment time. This will give you adequate time to complete the necessary sign-in procedures. Please be prepared to show one form of ID, have your digital photo taken and provide a digital signature. If you arrive more than 15 minutes late for your appointment, you may be refused admission and forfeit the exam attempt and any applicable fees paid.

Your first exam attempt is typically included in the price of the course enrolment; however, there may be some exceptions. You can find course pricing here.

Second and subsequent exam attempts are subject to an exam re-write fee.

Follow these instructions.

  1. Select the LOGIN/REGISTER box.
  2. For returning students, login using your username and password. Select “Enrol in a Course” in the menu bar.
    For new students choose "Become a Student" and supply all mandatory information in the following screens.
  3. If you have a contract code and password, enter it where required and click "Yes". If you do not have a contract code, click "No".
  4. Select the course you want to enrol in. Click “Next”.
  5. If optional products are available for purchase, they will appear for you to select. Click “Next”.
  6. Complete your profile information as indicated on the screen. Take care in completing your mailing and shipping address to ensure that any materials that you have ordered will be delivered promptly and correctly. Click the "Save" button to proceed to the shopping cart.
  7. Verify your shopping cart information and click on "Process Payment".
  8. Review the Terms and Conditions completely. To accept the Terms and Conditions, check the box and click "Yes". If you do not want to accept the Terms and Conditions, click "No". Your course enrolment will be cancelled.
  9. Provide your credit card information and click on "Pay Now". Please do not touch the screen until your payment has been processed. A copy of the receipt will appear and can be printed for your records. The receipt will also be stored in your student record for future reference.

Appointments may be re-scheduled or cancelled through the “Re-schedule a Test” or “Cancel a Test” button on Pearson VUE website. You have to login into your IFSE account first and then click to the Pearson VUE website. Requests to re-schedule or cancel a test appointment must be made at least one business day (24-hour minimum) before your scheduled appointment time.

You can cancel or re-schedule a computer-based exam up to one business day (24-hour minimum) from your scheduled appointment time. If you fail to provide sufficient notice of cancellation or re-schedule, or you do not show up for your exam appointment, you will forfeit the exam attempt and any applicable fees paid. In addition, IFSE will charge you a missed exam fee.

You will receive an email from IFSE when your exam results are available. Exam results for paper-based and computer-based exams are available online within three to five business days following the exam if you have no outstanding fees. Exam results for online exams are available immediately upon submission.

You can access your exam results by logging into your IFSE account. Once you have logged in:

  • Select "Courses".
  • Select "Show me my Marks for this Course" (this link only appears when your results are available).

Printed text materials or textbooks are hardcopy versions of the online course material. They are optional to purchase and take between five to seven business days to be delivered. They do not include any interactive components (i.e., exercises, quizzes, case study and practice exam) from the online course. Instead, you are instructed to go online to complete those elements. This product is not refundable.

If you are scheduled to write an exam and you do not show up, you will be charged a missed exam fee and you forfeit that exam attempt and any fees you have paid for that exam write.

If you fail an exam and need to attempt it again, this is considered a re-write.  You will only be allowed to re-write if you are eligible for another attempt.  You can purchase a new exam attempt for a fee (“re-write fee”). IFSE will notify Pearson VUE of your eligibility and once you receive confirmation, you can login to your account and schedule your exam.

Other Relevant Courses

You may be interested in these other IFSE courses.

Canadian Investment Funds Course (CIFC)Branch Managers’ Examination Course (BM)90 Day Training Program for Mutual Fund Dealing RepsOfficers’, Partners’, and Directors’ Course (OPD)Mutual Fund Dealer Compliance Course (MFDC)Ethics for Exempt Market Dealer Representatives