The AI credential that protects your license and your firm’s compliance record.
In June 2024 FINRA issued Regulatory Notice 24-09, reminding member firms that its rules are technology-neutral and apply in full to generative AI and large language models. The SEC has brought enforcement actions against advisers for overstating their AI capabilities. Examiners now ask firms how they supervise AI use, what records they keep, and how AI-assisted client communications are reviewed.
Most professionals using AI have no training, no documented standard, and no record of how they verified what the tool produced. “I used ChatGPT” is not an answer that survives an examination.
The Responsible AI Certified Professional™ (RAICP), Financial Edition, is independent third-party verification that you understand the risks, follow a documented standard, and apply AI responsibly in client-facing work. It is issued by the National Institute for Responsible AI Practice (NIRAP), a standards body.
What the curriculum covers:
- AI literacy: hallucination, sycophancy, bias, confidence versus accuracy
- Risk identification and triage at the level of the task rather than the tool
- Supervision, recordkeeping, and communications review obligations for AI-assisted work
- Verification against primary sources, and what a defensible record looks like
- AI-generated client communications and claims made about AI capability
- Data handling and confidentiality when client information reaches a third-party model
Who this is for: Registered representatives, investment adviser representatives, and compliance staff at broker-dealers and registered investment advisers using AI in client-facing or advice-adjacent work.