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Anti-Money Laundering Program

FINRA Rule 3310. Anti-Money Laundering Compliance Program requires that Percent Securities, LLC to develop and implement a written anti-money laundering program reasonably designed to achieve and monitor the firm’s compliance with the requirements of theBank Secrecy Act, and the implementing regulations promulgated thereunder by the Department of the Treasury.

The plan is tailored to our size and business, but does address several key areas:

    • Provide for independent testing for compliance;

    • And identify to FINRA an Anti-Money Laundering Officer (“AMLCO”), who is responsible to implement and monitor the day-to-day operations and internal controls of the program; and provide training for appropriate personnel.

Important Information About Procedures for Opening a New Account

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.