Morgan Stanley. Photo: C. Ryan Barber/ ALM
FINRA, the nonprofit organization that protects investors and market integrity, concluded that Morgan Stanley’s anti-money laundering (AML) program failed to meet the requirements of the Bank Secrecy Act because of three major issues.
December 26, 2018 at 04:41 PM
1 minute read
The original version of this story was published on Corporate Counsel
The Financial Industry Regulatory Authority has issued a $10 million fine against the broker-dealer Morgan Stanley Smith Barney LLC after concluding it failed to properly supervise an anti-money laundering program over a period of five years.
FINRA, the nonprofit organization that protects investors and market integrity, concluded that Morgan Stanley’s anti-money laundering (AML) program failed to meet the requirements of the Bank Secrecy Act because of three major issues:
Presented by BigVoodoo
Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
The premier educational and networking event for employee benefits brokers and agents.
Atlanta s John Marshall Law School is seeking to hire one or more full-time, visiting Legal WritingInstructors to teach Legal Research, Anal...
Lower Manhattan firm seeks a premises liability litigator (i.e., depositions, SJ motions, and/or trials) with at least 3-6 years of experien...
Join the Mendocino County District Attorney s Office and work in Mendocino County home to redwoods, vineyards and picturesque coastline. ...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
