Rep. BRADLEY proposes the following Amendment No. to S. 158 (COUNCIL\WAB\158C001.RT.WAB22):

Reference is to Printer's Date 4/28/22-H.

Amend the bill, as and if amended, by adding an appropriately numbered SECTION to read:

/SECTION __. Section 35-1-411(h) of the 1976 Code is amended to read:

"(h) A rule adopted or order issued under this chapter may require an individual registered under Section 35-1-402 or 35-1-404 to participate in a continuing education program approved by the Securities and Exchange Commission and administered by a self-regulatory organization or, in the absence of such a program, a rule adopted or order issued under this chapter may require continuing education for an individual registered under Section 35-1-404 except for such registered individuals with twenty-five years or more of experience in South Carolina who are sixty-five years of age or more." /

Amend the bill further by adding an appropriately numbered SECTION to read:

/SECTION __. Section 38-43-106 of the 1976 Code is amended by adding an appropriately lettered subsection to read:

"( ) A licensee with twenty-five years or more of experience in South Carolina who is sixty-five years of age or more is exempt from the continuing education requirements of this chapter." /