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FinCEN proposes two-year delay for investment adviser AML rule

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Photo: mrbfaust/Getty Images

Alexander Barzacanos

2 min read
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The Department of the Treasury regulator cites potential cost savings and lack of industry readiness as it looks to rework the rule.

The Financial Crimes Enforcement Network (FinCEN) proposed to postpone the effective date of its new anti-money-laundering and countering the financing of terrorism (AML/CFT) rule for investment advisers, delaying implementation from January 1, 2026, to January 1, 2028.

The proposal, issued on September 19, 2025, comes nearly a year after the publication of theannounced in

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