Yearly Archives: 2018


Want to Circumvent AML laws? Buy a Bank

The Venezuela corruption/bribery/pilfering of national coffers scandal has a re-occurring theme: alleged conspirators buying or controlling banks. According to indictments and criminal complaints, at least four banks were purchased or controlled by individuals alleged to have taken part in the international money laundering schemes. What better way to circumvent AML laws than to own the more »


DSA’s Securities Employment Dispute Stats Cited by Bloomberg

A story by Neil Weinberg in Bloomberg relied on Dynamic Securities Analytics (‘DSA’) analysis of Finra employment arbitration results.   DSA found that arbitrators sided with brokers in the majority of cases, finding that the employment termination U5 forms contained false, inaccurate and/or defamatory information. However, even when arbitrators found the information defamatory, they rarely more »


The Potential for Bias against Women in FINRA’s High Risk Rep Algorithm

The move toward data analytics applied to broker supervision might seem on face value to result in objective identification of “high risk” financial advisers. However, once the technical jargon is stripped away, algorithms are just opinions embedded in mathematics. Algorithms are created by humans and can reinforce human prejudices.  Researchers have noted that big data used in algorithms more »


A Closer Look at Corruption SARs

With all the talk of corruption in the news these days, Dynamic Securities Analytics  has taken a closer look at corruption-related Suspicious Activity Reports (‘SARs’) filed by financial institutions. SARs have separate categories for Domestic and Foreign corruption, we analyzed both.   Domestic vs. Foreign SAR Filing Leaders Differ   15,498 suspected corruption SARs were more »


Alison Jimenez to Present at Economic Crime Symposium at Cambridge University

DSA president, Alison Jimenez, will serve as a panelist at the 36th Cambridge International Symposium on Economic Crime. Ms. Jimenez will present at the “Regulatory Technology Innovation” workshop on September 5th, 2018.   Ms. Jimenez is an economist/data scientist, a software designer and former securities regulator, and appreciates the prospect of technology improving regulatory compliance. more »