All-New Anti-Money Laundering Compliance Training

Course Overview

This course covers regulations specific to the futures market. It provides futures industry professionals with a practical, up-to-date understanding of Anti-Money Laundering (AML) requirements under the Commodity Exchange Act (CEA), the Bank Secrecy Act and National Futures Association (NFA) rules, and related regulatory expectations. Learners examine how money-laundering schemes can arise in futures accounts, how to recognize key red flags, and the critical role individuals play in identifying and reporting suspicious activity.

This course was created by seasoned futures-industry professionals and independently reviewed by outside counsel with a background in cleared derivatives. 

Course duration: 60 minutes

Key Takeaways

By the end of the course, learners will:

• Meet annual AML training requirements set by NFA.
• Understand the legal and multi-agency regulatory framework surrounding anti-money laundering.
• Recognize the stages of money laundering and terrorist financing and their impact.
• Know how to recognize common “red flags’’ and report suspicious activity.
• Recognize their responsibility in preventing money laundering and other financial crimes, and the penalties for non-compliance.
• Learn how cybercrimes and modern technologies can impact AML compliance.

Course Details

This course pairs essential regulatory guidance with engaging, scenario-based case studies that illustrate schemes in moving and "cleansing" money, and the consequences of noncompliance with AML rules and regulations. The course focuses on:  

• Money laundering and terrorist financing and how they work.

• Three stages of money laundering: placement, layering, and integration. 

• Detecting and thwarting money laundering and terrorist financing.

• Regulatory framework for AML and CFTC enforcement.

• NFA AML requirements.

• Firms' AML responsibilities.

• Know Your Customer and Customer Identification Programs. 

• Reporting requirements.

Knowledge checks reinforce key concepts, strengthen retention, and maintain learner engagement.

Who Should Take this Course?

Anyone who is an NFA Member (or associated with one) and has responsibilities that touch customer accounts, money movement or compliance must receive annual Anti-Money Laundering training. 

Upon successful completion, a training certificate will be available for download.