Raymond James fined $17 Million for AML & Prior AMLCO Fined and Suspended
FINRA announced today that it has fined Raymond James & Associates $17 Million for failures related to their
Read more →FWT
Are you effectively monitoring your trade desk?
Today Morgan Stanley agreed to pay $8.8 Million to settle charges for prearranged trading or “parking” that favored
Read more →Big Data, Broker Dealers and Regulators
In the recent Technology Tools for Today conference hosted by Investment News on November 2nd in Florida, Big
Read more →Do you have a Risk Based Program?
The first question regulators often ask during an initial examination interview is ‘do you have a risk based
Read more →Are Debit Card transactions flying under your firm’s AML radar?
Debit card transactions should be included in AML programs. This added data increases the burden of review resulting in the need for automated compliance software such as FinWebTech’s Catalyst Compliance Solution.
Read more →7 Simple tips for Cyber-Security for Broker Dealers and RIAs
Cyber-Security is a hot topic with the SEC and FINRA. Regulators have announced their examinations will include Cyber-Security and some
Read more →AML Compliance Automation and SARs filing … risks of manual reviews
Securities and Exchange Commission Enforcement Chief Andrew Ceresney said to the broker-dealers community at the Securities Industry and
Read more →