Rhode Island Securities Licensing
For those needing a Series 6, 7, or 63 license in Rhode Island, AB Training Center has a great variety of courses to help you in completing that goal.
All of our classes are designed to help you prepare for the exams developed by the North American Securities Administrators Association (NASAA) and are available in self-study formats, seminars, online training and more. By having a choice between the type of courses you can take, it helps you feel more confident in your abilities and makes learning a much more fun and relaxed experience. By taking our courses, you will gain the education and assurance you need in order to achieve the license of your choice.
Rhode Island's economy is made up of primarily industry, mining, forestry, agriculture, and fishing. In the past few years, the state's economy has been rapidly growing and expanding. Securities training has also seen an increase in demand and AB Training Center has developed a curriculum to suits those needs.
We offer courses in Cranston, Pawtucket, Providence, Warwick, Woonsocket, and several more. Call us today to find out how we can help you begin your journey to a securities training license.
Find Rhode Island Securities Training
To find Series 7, Series 6, or Series 63 exam training in Rhode Island, either click a Recommended Course below or use the search box. Good luck on your exam! |
More About Payroll PaycardsLegal Issues For Paycard ProgramsWhenever an employer pays an employee there are legal requirements that must be met or at least considered. These requirements depend largely on what state is involved, and include: - Can employers mandate paycards?
- What is considered timely payment in that state?
- What method of payment does the state allow?
- Does the state have any requirements for escheatment?
- Does the state have a "without discount" requirement when cashing payroll checks or when an employee is paid?
- Does the state have paystub requirements that must be met?
- Does the state have laws to protect employees' right to choose a paycard or a payroll check?
Disadvantages Of Direct DepositDespite its many advantages, direct deposit also has a number of disadvantages that employers should consider before implementing a program. Among these disadvantages are: - Employers must regularly update the master file of information on direct deposit participants to make sure that terminated employees are not paid in error. This is one reason why companies with high turnover rates may find direct deposit too administratively burdensome
- It is not "paperless". Employers must still process employee authorization forms and prepare the non-negotiable "pay information statements" that employees receive in lieu of their paychecks
- Direct deposit transfers cannot be easily reversed when errors are made
- The employer loses the "float" on payroll funds - i.e., interest earnings for the period between when a check is issued and when it actually is cleared by the employee's bank
- The payroll processing "windows" may be shortened because of the minimum two-day processing time required for a direct deposit. Scheduling for holidays becomes even more complicated because of the shortened processing period
- Some state laws require the employer to absorb bank service charges the employee may incur as a result of the direct deposit program
For more information about payroll paycards, view our Payroll Operations Training & Certification Program, which is where the information above is excerpted. This course also includes step-by-step strategies on how to set up a paycard program, including how to select a payroll paycard vendor. |
