On May 13, 2024, the Financial Crimes Enforcement Network (FinCEN), a bureau within the U.S. Treasury Department, and the Securities and Exchange Commission (SEC) proposed a joint rule (the Proposed ...

On May 13, the Securities and Exchange Commission (SEC) and the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) jointly proposed to require that SEC-registered investment ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Registered investment advisors of all sizes may soon need to beef up their customer ID process to comply with a new anti-money-laundering (AML) rule jointly proposed by the Securities and Exchange ...

The American Fintech Council, an association representing Fintech companies and BaaS banks, has submitted a response to the US Department of Treasury, Financial Crimes Enforcement Network (FinCEN) ...

The U.S. Treasury Department finalized new anti-money-laundering rules affecting Securities and Exchange Commission-registered investment advisors, though it loosened some strictures from its proposal ...

Prudential Financial’s homegrown Customer Identification Program solution answers the question behind the USA Patriot Act’s Rule 326: Do you really know your customer? Steven Little’s team has two ...