Final answer:
Registered individuals must complete their continuing education by December 31 of their fifth and 11th registration anniversaries, and every three years thereafter, not every year or on the second anniversary.
Step-by-step explanation:
Registered persons are required to complete the regulatory element of continuing education following certain anniversary milestones. Specifically, they must complete it by December 31 of the fifth anniversary of their registration, again by the 11th anniversary, and every three years thereafter. It is not required annually or on the second anniversary. These education requirements are critical to ensure that registered individuals maintain their understanding of current regulations and practices within their industry.