FinCEN

government

Last mentioned: Mar 6, 2026

Stories mentioning FinCEN 2

regulation Bearish

Canaccord to Pay Over $100 Million for U.S. Bank Secrecy Act Violations

Canaccord Genuity Group has agreed to a settlement exceeding $100 million following a federal investigation into systemic violations of the U.S. Bank Secrecy Act. The penalty addresses significant failures in the firm's anti-money laundering protocols and oversight of suspicious financial activities.

2 sources
regulation Bearish

Canaccord to Pay $100M+ Over U.S. Bank Secrecy Act Violations

Canaccord Genuity has agreed to a settlement exceeding $100 million following allegations of systemic violations of the U.S. Bank Secrecy Act. The enforcement action underscores a tightening regulatory environment for mid-tier financial services firms and international broker-dealers.

2 sources