Regulatory Update: FINRA NTM 19-18 Provides Guidance Regarding Suspicious Activity Monitoring and Reporting Obligations

Written By Brandon Klerk

FINRA is issuing this Notice (NTM 19-18)  to provide guidance to member firms regarding suspicious activity monitoring and reporting obligations under FINRA Rule 3310 (Anti-Money Laundering Compliance Program).

  • Potential Red Flags in Customer Due Diligence and Interactions With Customers

  • Potential Red Flags in Deposits of Securities

  • Potential Red Flags in Securities Trading

  • Potential Red Flags in Money Movements

  • Potential Red Flags in Insurance Products

  • Other Potential Red Flags

For more information, see FINRA NTM 19-18 here: https://www.finra.org/sites/default/files/notice_doc_file_ref/Regulatory-Notice-19-18.pdf 

Brandon Klerk https://www.halyardcompliance.com
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