Scenarios illustrate the customer identification process and address typical situations involving retail customers.

Upon completion of this course, students will be able to:

• explain why broker-dealers have anti-money laundering compliance programs
• describe the techniques for identifying and verifying the identity of customers and beneficial owners of legal entities
• recognize the importance of ongoing customer due diligence
• recognize and escalate “red flags” that may signal potential money laundering or other suspicious activity

Operations