UBS Settles Charges Related to Investments in Complex Exchange-Traded Product

SEC

More Than $8 Million Returning to Harmed Investors as Part of Ongoing Risk-Based Initiative. read more »

Treasury issues ‘priorities’ required by AML Act, experts cite minimal value to compliance

REUTERS

The U.S. Treasury Department’s anti-money laundering (AML) unit recently issued the much-anticipated AML priorities Congress demanded in the Anti-Money Laundering Act of 2020, a legislative effort to clarify where financial institutions should focus their efforts to more effectively police transactions for illicit activity. read more »

SEC Files Charges in Multi-Million Dollar Fraud Involving Two Companies

SEC

The Securities and Exchange Commission today announced charges against Aron Govil of Jacksonville, Florida, for defrauding investors in two companies he controlled, Cemtrex Inc. and Telidyne Inc. read more »