FINRA: AML—Retail: Understanding Your Compliance Obligations

Overview

FINRA’s anti-money laundering (AML) e-learning courses cover concepts and strategies for detecting and preventing money-laundering activity. Each course presents unique scenarios that illustrate typical money-laundering situations. In this course, scenarios highlight risks retail firms and registered representatives face when handling unusual account activity and expediting the account-opening process.

Learning Objectives

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

  • understand why broker-dealers have AML compliance programs
  • know what is required to conduct customer identity verification
  • recognize the importance of ongoing due diligence as it relates to customers and their accounts.Identify "red flags" that may signal money laundering or other potentially suspicious activity.Better understand your role in recognizing and escalating suspicious activity

Designed For

All registered representatives and registered principals
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