NFA Anti-Money Laundering Compliance

Overview

Since the 2001 Trade Center attacks, money laundering and terrorist financing have gained law enforcement attention, leading to the AML Act under the USA PATRIOT ACT. This requires Futures Commission Merchants (FCMs) and Introducing Brokers (IBs) to implement AML compliance programs, as mandated by the National Futures Association (NFA). This course covers money laundering and terrorist financing, NFA’s AML program requirements, and enforcement activities.

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License or Certification 

 

Regulator 

 

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Objectives

  • Have a solid understanding of the nature of money laundering and terrorist financing activities.
  • Understand the precise requirements for an AML program under NFA rules.
  • Understand the implementation of an acceptable AML compliance program, including a Customer Identification Program
  • Understand the nature and severity of enforcement actions taken in the AML arena

Designed For:

NFA members




Course Information

Adding additional credit may change exam requirements.