The Financial Industry Regulatory Authority updated its Sanction Guidelines to instruct adjudicators to consider customer-initiated arbitrations that result in adverse results in assessing sanctions. FinCEN also updated its anti-money laundering rule to reflect new requirements for identifying beneficial ownership of legal entity customer accounts that go into effect this week. (Click here to access FINRA Rule 3310; click hereto access information on FinCEN’s new requirements in the article “FINRA Provides AML Guidance to Members” in the December 3, 2017 edition of Bridging the Week.)