Money service businesses received a reprieve last week that will make cryptocurrency firms very happy since they will be able to more easily expand across the United States. The Conference
Continue Reading Uniform Money Transmitting Rules May Make It Easier for the Cryptocurrency Business
Ernie Badway is scheduled to co-host a webinar discussion on new developments in AML and training requirements on Wednesday, September 13, 2017 at 1:00 p.m. See http://mailchi.mp/e5dd1d2898b8/webinar-sample. Details are below:
Continue Reading Ernie Badway to Co-Host Webinar on New Developments in AML and Training Requirements
It is bad enough that firms and publicly traded companies have to make sure that their respective IT architecture is safe and secure, but recent developments demonstrate that you have
Continue Reading What Do Insider Trading And Data Breaches Have In Common
Suspicious Activity Reports (SARs) have been a useful tool for financial institutions to report financial fraud while, at the same time, prohibiting the reporting institution from disclosing the existence of
Continue Reading Suspicious Activity Reports, FCMs and IBs, Is That A Marriage Made In Heaven
The outside business activities of registered persons have the potential for causing your firm significant liability, especially where those activities are unknown to the firm, involve firm customers and constitute
Continue Reading What Does FINRA Rule 3270 Mean To You
In its continuing enforcement onslaught on firms emanating from China, the SEC filed another action in the United States District Court for the Western District of Louisiana against a Chinese
The SEC and CFTC launched a working group to discuss and identify money laundering vulnerabilities.
These issues have lingered for awhile. Both agencies believe that there is an opportunity to
Continue Reading SEC AND CFTC LAUNCH AN ANTI MONEY LAUNDERING GROUP