Anti-Money Laundering

Yaffar-Pena knew of the existence of the affiliate account and that non-U.S. citizens were trading on their own behalf through the account. In her role ...

A dramatic increase in the fines reported by FINRA during the first-half of 2016 has the SRO poised to shatter its record-setting year of 2014 ...

For a third consecutive year, cybersecurity remains the hottest compliance topic among investment advisers. Nearly 9 out of 10 IAs regard the safeguarding of critical information ...

The CFTC has issued a new staff advisory reminding all registrants of their obligation to “regularly” review the economic sanctions programs and the Department of ...

The Division of Swap Dealer and Intermediary Oversight (DSIO) of the Commodity Futures Trading Commission (Commission) is issuing this advisory to remind futures commission merchants ...

Regulators are raising the bar on AML compliance. Take Raymond James & Associates. Together with an affiliate, it was fined $17 million and saw a ...

The SEC has brought is first-ever case against a brokerage firm for solely failing to file suspicious activity reports. Charged June 1 was Albert Fried ...

From at least August 2010 through October 2015, Albert Fried & Company, LLC (“Albert Fried”), a registered broker-dealer, failed to file Suspicious Activity Reports (“SARs”) ...

Explosive growth at Raymond James between 2006 and 2014 came with a cost. A significant size increase over the eight-year period—from 2,298 registered persons in ...

Brokers, mutual funds, futures commission merchants and commodities introducing brokers have until May 2018 to begin to ask new clients opening accounts who their beneficial ...