Two important changes in the world of Anti-Money Laundering (“AML”) compliance
became effective January 1, 2010. First, FINRA adopted Rule 3310 with some changes
to replace NASD Rule 3011 in the Consolidated Rulebook. Second, FINRA released its
long awaited revised AML Small Firm Template, which provides guidance to firms in
enhancing existing AML policies and procedures.
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