A Guide to Anti-Money Laundering (AML) for Broker-Dealers

Practical Guide for Broker Dealers to Create & Enhance an AML Program

Changing regulations, digitization, and the democratization of finance have presented broker dealers with a breadth of ongoing compliance challenges.

This guide focuses on practical advice for building an effective AML program or enhancing your existing AML program, including policies and procedures for dealing with customer accounts and transactions.

Access our guide detailing the tips and trends you need to know, including:

  • An overview of new regulations
  • Best practices for a rigorous but efficient compliance program
  • What to expect from various regulators
The guide was written in partnership with Arnold Feist. He is the President of Executive Compliance International, an independent financial services consulting firm. He has held board memberships and director positions and managed the compliance functions at several major clearing brokers and futures commission merchants in institutional and retail securities, commodities, forex, brokerage operations, and prime brokerage. He has been an expert witness in securities litigation, a speaker and moderator at industry seminars, a guest lecturer at New York University School of Continuing and Professional Studies and at the New York Institute of Finance.

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