Anti-Money Laundering

The Securities and Exchange Commission’s (“Commission”) National Exam Program (“NEP”) has identified the master/sub-account trading model as a vehicle that could be used to further ...

This is a Suspicious Activity Report or a SAR, a document advisers may wish to file with the government to alert it of possible money ...

In walks through your firm's door a qualified prospective client who differs from the rest in one way - he's a foreign national living in ...

For years, the SEC has periodically reissued an expiring no-action letter for broker-dealers who rely upon investment advisers' customer identification programs (CIP) with nary a ...

If you're a compliance officer for a mutual fund, you have an additional four months to meet FinCEN's deadline for developing an AML program and ...

There's no formal requirement that investment advisers maintain an anti-money laundering program but if you have one, you can bet examiners are going to comb ...

Click here to open a Word file that is a template for a small firm's AML program featuring compliance and supervisory procedures.

Keep a log of the marketing materials your firm sends out, including presentations. List who's giving the presentation, the audience, the date, whether the audience ...

Click here to open a Word file that is an example of a compliance training tool used by one of your peers. This one covers ...

The Treasury Department has squeezed mutual funds into the definition of a financial institution under the Bank Secrecy Act, meaning funds will have to have ...