The National Futures Association reminded futures commission merchants and introducing brokers to comply with their anti-money laundering requirements. This includes, among other things, providing AML training to staff at least once every 12 months and provide evidence that training was given, and having independent testing conducted of the adequacy of a firm’s AML program at least annually by firm personnel or a qualified third party. According to NFA, “a number of firms failed to provide AML training and/or conduct an independent AML audit as required by NFA.” (Click here for details regarding NFA’s AML requirements in its Rule 2-9(c).)