All financial advisors must have appropriate professional qualifications to be eligible to participate and pass a background investigation. The eligibility requirements for advisors include, but are not limited, to the following:
1. Bachelor's degree from an accredited university.
2. CERTIFIED FINANCIAL PLANNER™ (CFP®) and/or a Chartered Financial Analyst® (CFA) credential. An individual who is currently a Registered Player Financial Advisor, but is not a CFP® or CFA must become compliant within three years of implementation of this Regulation, which is November 1, 2017.
3. Minimum of eight (8) years of relevant experience in the financial services industry.
4. Fidelity bonding and professional liability insurance coverage as indicated in Section Two II D of the Regulations
5. No civil, criminal or regulatory history related to fraud.
6. No pending customer complaints or litigation at the time of application.
7. Must not maintain custody of player funds unless deemed a qualified custodian