Now that you’ve seen what ACA Insight has to offer, don’t be without it. Subscribe now!

The weekly news source for investment management legal and compliance professionals

Current subscribers - please log in to the website in the upper right-hand corner

News October 25, 2004 Issue

How’s That Again?

Several eagled-eyed readers noted the irony of two stories in last week’s IM Insight.

  • On page 5: a story noting that deficiencies in AML procedures were one of OCIE’s Top 10 deficiencies.
  • On page 8: a story about the pending status of the adviser AML rule, which has not yet been adopted by DOL.

As one reader put it:

"How can OCIE cite violations of the AML rule by advisers if there isn’t one (yet)?"