Which of the following is not a requirement of the state regulatory authority?

The requirement that is not typically placed on the state regulatory authority concerns the approval of pre-licensing and continuing educational course offerings and course providers. While the regulatory authority may oversee or have guidelines about the standards for these courses, they do not necessarily have the direct responsibility to approve every course or provider. Typically, this task may be delegated to other entities or organizations that specialize in educational accreditation or may simply require that the courses meet certain established criteria without needing state-level approval for every offering.

The other listed responsibilities highlight key functions of state regulatory bodies, which include the authority to approve or deny mortgage loan originator license applications, ensuring that only qualified individuals are licensed to operate; establishing procedures for enforcement or disciplinary actions, which is crucial for maintaining ethical standards and compliance; and the systematic examination or investigation of licensees based on risk factors, ensuring that monitoring and compliance is both proactive and periodic to ensure market integrity and consumer protection.