The Financial Industry Regulatory Authority (FINRA) has fined Florida-based Raymond James & Associates, Inc. (RJA) $8 million and Raymond James Financial Services, Inc. (RJFS) $9 million for failures in anti-money laundering (AML) compliance. According to the regulator, the fines are a result of an investigation which revealed that for several years, RJA and RJFS were unable to deliver a sufficiently robust AML compliance program.
Thinking of strategies to take your compliance program to the next level?
You need answers and we’ve got them.
MyComplianceOffice is partnering with a new Webinar host, Ann Oglanian of ReGroup LLC to give you the tools and cover the tips you need to level up your compliance program.
Tune into the webinar and you can expect:
The Compliance Program Maturity Model to be introduced by Regroup during the webinar presentation has been designed for compliance officers to allow you to review, monitor, and disseminate your compliance program. It will also help you to pinpoint the places where you can advance your reputation.
Dodd Frank, Volcker, MiFID, Sponsor rules, Market Abuse Directives….and the list goes on. All very complicated and no doubt taking up a lot of your time. But the one storm on the horizon that really should be keeping you up at night? Yep, it`s that regulatory staple, Supervision.
Brandon Ortiz, Managing Director at Blue River Partners LLC co-hosted a webinar on insider trading with MyComplianceOffice on February 17th. The following is a transcript from the Q&A portion of the February 17th webinar.