FINRA ramps up anti-money laundering compliance actions at securities firms

The Financial Industry Regulatory Authority (“FINRA“) announced today that it filed a ¬†Complaint against Wedbush Securities Inc. for alleged egregious and systemic anti-money laundering compliance infractions. According to the Wall Street Journal’s Risk & Compliance Journal, FINRA has made enforcement of securities anti-money laundering a priority. According to securities firms in Toronto, so have Canadian [...]