Sample of Nonqualified Activities

Mandatory Continuing Education

Reading The Wall Street Journal, Financial Times, The Economist, Barron’s, or similar publications
Reading CFA Digest summaries (original source articles do qualify)
Software training sessions
Commercial product training sessions
Conferences, seminars, forums, lectures, or other live events intended for the layman or non-professional investor
Employer-sponsored events with client-marketing focus in which educational content is directed at client (layman’s level of rigor)
Teaching, lecturing, or presenting (i.e., “podium time”)
In-class time for exam preparation (e.g., CFA or CIPM preparatory classes, etc.)
Forecast luncheons or dinners where the presentation is simply a forecast or the event is purely social in nature
Presentations that are only on a specific company and/or its products
“Street research” primarily addressing a specific company