Posted On: 10/29/2015 6:09:02 PM
Post# of 41414
CLARIFICATION ON PASS/FAIL/CONSIDERATIONS
Some may say this is apples to oranges but it's green apples to red apples with what I'm going to explain.
As we all know the SEC is a government agency like the FAA. I've been in the broker dealer space for a long time and have been part of audits by the SEC. It is VERY COMMON that a determination of a test is not given a rating after immediate completion of the exam if there is gray area around items tested. Things come up that local levels know they cannot give definitive pass/fail ratings on without regional and/or national approval. There are opportunities for individuals to justify their work which is documented and evidence in reports to use as "consideration"
I share this because the two are government regulatory bodies and know that from my experience it should translate into what position BLTA is in.
Some may say this is apples to oranges but it's green apples to red apples with what I'm going to explain.
As we all know the SEC is a government agency like the FAA. I've been in the broker dealer space for a long time and have been part of audits by the SEC. It is VERY COMMON that a determination of a test is not given a rating after immediate completion of the exam if there is gray area around items tested. Things come up that local levels know they cannot give definitive pass/fail ratings on without regional and/or national approval. There are opportunities for individuals to justify their work which is documented and evidence in reports to use as "consideration"
I share this because the two are government regulatory bodies and know that from my experience it should translate into what position BLTA is in.
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BLTA LONG & STRONG
#REMEMBEROURFOUNDER
BLTA LONG & STRONG
