OTC Securities

2 articles

Forex news and analysis tagged “OTC Securities” on BestForex.io.

This topic page will be indexed once it contains 3+ articles.

newsJuly 13, 2026
Record $80 Million: FinCEN's Largest-Ever Broker-Dealer BSA Penalty Lands on Canaccord Genuity for AML Failures
FinCEN, the SEC, and FINRA simultaneously resolved action against Canaccord Genuity LLC — totalling $120 million — for willful Bank Secrecy Act violations spanning six years. At least 160 suspicious activity reports were never filed.
Edmund Hartwell8 min read#Canaccord Genuity #FinCEN #Bank Secrecy Act
newsJuly 12, 2026
$300 Million in Low-Priced Trades, Zero Suspicious Activity Reports: FINRA Fines Pictet Overseas $610,000
FINRA fined Pictet Overseas $610,000 for AML failures that persisted for three and a half years after a regulator had already flagged the exact same deficiencies. A four-year warning. Never acted on.
Edmund Hartwell7 min read#Pictet Overseas #FINRA #AML

Record $80 Million: FinCEN's Largest-Ever Broker-Dealer BSA Penalty Lands on Canaccord Genuity for AML Failures