FinCEN’s $1 Million Fine Against CCO and Personal Liability
Written by Don Lee In December of 2014, FINCEN fined MoneyGram’s then Chief Compliance Officer Thomas Haider $1 Million as a civil […]
Managing Conflicts of Interest across BD and RIAs
Written by Don Lee Many BD firms are expanding their business in the shrinking BD market to the Investment Advisory space. The […]
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.
SEC’s use of ‘Big Data’ anlaytics and Compliance
Written by Don Lee The SEC had a record year of 807 enforcement actions and orders for $8.2 Billion in penalties and […]
Is your compliance program automated or are you in the dark ages?
Firms and compliance officers are under severe regulatory pressure with increased enforcement actions by FINRA, the SEC and other regulators for ‘Failure […]