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Troutman Pepper Locke

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$125M Wake-Up Call: FinCEN Hammers Broker-Dealer for Repeat Bank Secrecy Act Failures

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Ryan Last
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Eddie Nogay
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Michael Lowe
Partner

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Ryan Last
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Eddie Nogay
Associate
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Michael Lowe
Partner

FinCEN's $125M penalty against a repeat BSA violator signals escalating enforcement risk for broker-dealers with AML compliance failures.

Business professional reviewing digital compliance documents on laptop and tablet. Legal regulation, corporate governance, audit, risk management, and data protection concept.

Get in touch

Avatar
Ryan Last
Associate
Avatar
Eddie Nogay
Associate
Avatar
Michael Lowe
Partner

Get in touch

Avatar
Ryan Last
Associate
Avatar
Eddie Nogay
Associate
Avatar
Michael Lowe
Partner

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