In reports at Reuters and MarketWatch, it was announced that E*Trade will pay a $1 million fine for failing to comply with SEC regulations. The anti-money laundering rule requires that brokers must verify the identities of their customers, something that E*Trade has been failing to do. According to the report, they failed to do this for at least 65,000 customers, and as a result are paying the fine.
Share this article with your social network, just click below to share now!
|
|
No comments:
Post a Comment