Brief scenarios demonstrate the need to detect and report suspicious activity. If you see something, say something—even if you don’t work directly with individual customers. Firms are required to report a broad range of suspicious activities even if they do not have actual knowledge that a transaction involves criminal activity.

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

• explain why broker-dealers have anti-money laundering compliance programs
• describe techniques for identifying and verifying the identity of customers and beneficial owners of legal entities
• identify “red flags” that may signal money laundering or other suspicious activity
• better understand your role in recognizing and escalating suspicious activity

Wholesalers