Tag Archives: Anti-Money Laundering

SEC Charges Clearing Firm with Failing to Comply With Anti-Money Laundering Laws

The Securities and Exchange Commission (SEC) charged Alpine Securities Corporation, a Salt Lake City-based clearing firm, with securities law violations related to its anti-money laundering program through its alleged practice of clearing transactions for microcap stocks that were used in manipulative schemes to harm investors. ┬áBased on the allegations contained in the SEC Complaint, Alpine … Continue reading SEC Charges Clearing Firm with Failing to Comply With Anti-Money Laundering Laws