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Investment Officer Training

We make it easy to stay on top of all the training and continuing education required under the Public Funds Investment Act so you can ensure you’re in compliance. Our program offers both in-person and online course options for convenience.

Lone Star Investment Pool is proud to offer Public Funds Investment Act training through its administrator, First Public. Generally, topics covered include investment controls, security risks, strategy risks, market risks, diversification of investment portfolio, and compliance with the Public Funds Investment Act (PFIA).

The Act requires the treasurer, the chief financial officer (if the treasurer is not the CFO), and the investment officer to comply with the following training requirements:

Cities, counties, municipalities, school districts, and public higher ed organizations:

  • Initial training: 10 hours within the first 12 months
  • Renewal training: Eight hours every two years
  • Two-year training period: Based on entity's fiscal year

Other public entities (such as utility districts)

  • Initial training: 10 hours within the first 12 months
  • Renewal training: 10 hours every two years
  • Two-year training period: Based on entity's fiscal year

Continuing education credit

Once training is complete, we’ll verify your training with a certificate of completion delivered by email.

Lone Star’s Investment Officer Training courses qualify for TASBO Certification CE credits. Simply submit your Lone Star IOT certificate in the TASBO Member Portal and use provider number 102.

Register for training

For more information and to register, please email customer.service@lonestarinvestmentpool.com or call 800.558.8875 or 512.467.3655. Be sure to include course numbers and titles.

Training catalog

Lone Star Information Statement

The Lone Star Information Statement should be read carefully before investing. Investors should consider the investment objectives, risks, charges, and expenses associated with this or any security prior to investing. Investment in Lone Star Investment Pool is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency, and although Lone Star seeks to preserve the value of the investment at a fixed share price, it is possible to lose money by investing in Lone Star. For further information or for an Information Statement, contact First Public at 800.558.8875. The return information is net of all current operating expenses. The return represents past performance and is no indication of future results.