Anti-Money Laundering

"The proposed rule is designed to make it more difficult to use false identities to establish customer relationships with investment advisers"

This is the joint SEC/FinCEN proposal that would require SEC RIAs to maintain a CIP or customer identification program

"The regulatory gap described, therefore, is more optical than substantive; closing it amounts to little more than grade-grubbing"

Proposed anti-money laundering rules will land hardest on private fund managers but the industry may only be able to blunt the impact, not avoid it

The FINRA AML enforcement action demnonstrates the SRO's practice of "progressive discipline"

You may be tempted to note February as the month of FinCEN when it comes to new regulations potentially affecting your firm. The latest proposal ...

These reports are expected to assist the Treasury, Federal, State, and local law enforcement and national security agencies in addressing illicit finance vulnerabilities in the ...

FinCEN wouldn’t mandate that an RIA’s CCO oversee its AML program. However, it does point out that “the presence of a compliance officer may reduce ...

You have until April 15th to comment on the FinCEN proposal

This is FinCEN's proposed rule to require investment advisers to file SARs