Ethics & Professional Responsibility: New AML Requirements for Investment Advisers

The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has finalized a new rule requiring certain investment adviser firms registered with the SEC, including exempt reporting advisers, to establish anti-money laundering (AML) programs and report suspicious activities. This rule aims to address gaps in the regulatory framework to prevent illicit financial activities. This investment adviser representative continuing education (“IAR CE”) course provides an introduction and overview of FinCEN’s new anti-money laundering rule for SEC-registered investment adviser firms and exempt reporting advisers. It covers the general requirements, identifies which firms are impacted, and outlines the compliance deadlines. This course provides one credit in the Ethics & Professional Responsibility category.

Course Objectives

1. Understand the primary requirement of this new AML rule for investment adviser firms.
2. Identify which investment adviser firms are covered under the rule.
3. Learn the compliance deadlines and necessary steps for adherence.