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FINRA Hits SageTrader with New $100k Fine for AML Failure

FINRA Hits SageTrader with New $100k Fine for AML Failure

The Financial Industry Regulatory Authority (FINRA) has hit California-based securities broker, SageTrader, with a censure order and fine of $100,000 for failing to establish and implement anti-money laundering (AML) policies and procedures “reasonably expected to detect and cause the reporting of suspicious activity.”

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Posted: Feb 8 2023, 20:31
Author Name: financemagnates
Views: 110749

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