On April 16, 2007, the Securities and Exchange Commission announced
the availability of the "AML Source Tool
," a research guide and compliance tool to assist anti-money laundering compliance efforts by broker-dealers.
Broker-dealers have compliance obligations under statutory and regulatory provisions and related rules of the securities self-regulatory organizations (SROs). The AML Source Tool, developed by the SEC's Office of Compliance Inspections and Examinations (OCIE), compiles and organizes key AML laws, rules and related guidance applicable to broker-dealers and provides links to these materials to promote easy accessibility.
Labels: AML, compliance, SEC