U.S. Securities and Exchange Commission building in Washington. Photo: Diego M. Radzinschi/ALM SEC Tells Broker-Dealers to Tighten Their Anti-Money Laundering Programs
Agency issues risk alert that investment firms are not meeting their compliance obligations.
August 04, 2023 at 12:49 PM
4 minute read
Regulation
The U.S. Securities and Exchange Commission is urging broker-dealers to boost their anti-money laundering programs, illustrating the agency's heightened priority of stanching the flow of illicit money, lawyers said.
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