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SEC & Colorado Firm Settle SARs Filing Case

May 20, 2021 by Louis Chunovic

SEC & Colorado Firm Settle SARs Filing Case

The Securities and Exchange Commission has charged GWFS Equities Inc., a Colorado-based registered broker-dealer that is an affiliate of Great-West Life & Annuity Insurance Co., with violating federal securities laws governing the filing of Suspicious Activity Reports. Those charges have been settled in the familiar manner: a censure, a $1.5 million penalty, and the firm’s… Read More >>

Filed Under: Derivatives Operations, Securities Operations, Data Management, Industry News, Operational Risk, Governance, Diversity, Equity, and Inclusion (DEI), FinTech Trends, Back-Office, Standards, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting, Industry News Tagged With: AML, back office, compliance, GWFS Equities, SEC, Suspicious Activity Reports

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