1506-AB66 202410 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 1506 Financial Crimes Enforcement Network FINCEN 1500 Department of the Treasury TREAS Customer Identification Programs for Registered Investment Advisers and Exempt Reporting Advisers

FinCEN intends to issue a joint final rule with the Securities and Exchange Commission, implementing the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 with regard to certain investment advisers. This rule requires registered investment advisers (RIAs) and exempt reporting advisers (ERAs) to implement reasonable procedures to identify and verify the identity of their customers, among other requirements, in order to form a reasonable belief that RIAs and ERAs know the true identity of their customers.

]]> Section 3(f)(1) Significant Previously Published in The Unified Agenda Final Rule Stage Yes No 31 CFR 1032 12 U.S.C. 1829b 12 U.S.C. 1951 to 1960 31 U.S.C. 5311 to 5314 31 U.S.C. 5316 to 5336 No NPRM 05/21/2024 89 FR 44571 NPRM Comment Period End 07/22/2024 Final Action 03/00/2025 YES Businesses None No Yes No FinCEN Regulatory Support Section 1506 Financial Crimes Enforcement Network FINCEN 800 767-2825 frc@fincen.gov P.O. Box 39, Vienna VA 22183