Money Laundering Bulletin
GWFS, broker dealer pays US$1.5m for SARs omissions and not filed
The US Securities and Exchange Commission (SEC), on 12 May[2021], imposed a US$1.5 million penalty and cease and desist order
[1] on GWFSEquities, a Colorado-based broker-dealer, for suspicious activity reporting failuresbetween September 2015 and
October 2018.