Publication
August 04, 2021

In their article, Jenner & Block Partners Charles D. Riely and Sarah F. Weiss and Associates Rachel C. Foster and E.K. McWilliams explain that the US Securities and Exchange Commission has a continued focus on ensuring that registered firms comply with their anti-money-laundering obligations. The authors highlight the SEC’s March 2021 risk alert reminding broker-dealers of their AML obligations. They examine the SEC’s historical focus, discuss a recent SEC litigation victory enforcing these provisions, and share key takeaways from the risk alert.