With 2018 in the books, Dynamic Securities Analytics, Inc. returns with our annual analysis of Suspicious Activity Reports (‘SARs’). This time we focused on SARs filed in 2018 by Depository Institutions, MSBs and Securities/Futures firms. Something Old Some SAR categories have been tried and true out-performers. The top three SAR categories for both Banks and more »
Alison Jimenez will be a panelist on the ACAMS International AML & Financial Crimes Conference panel, “The Algorithm is Your Friend: Creating and Using Them to Strengthen AML” in Hollywood, FL., April 3-5, 2017. Ms. Jimenez is the author of “Unmasking Bias in Anti-Money Laundering Algorithms” which was published in the Fall 2017 Issue of ACAMS Today. She served as more »
A recent American Banker article titled “Don’t Bet on Pot-Banking Fix in New Year” by Chris Cumming referenced DSA’s analysis of Suspicious Activity Reports regarding the marijuana industry. See DSA’s marijuana SAR analysis here.
Legal/statutory interest rates vary widely from state to state. Legal rates range from a high of 16% in New York to a current low of 4.75% in Florida. Most states have fixed rates but several states tie the legal rate to treasuries. Findlaw provides state by state legal & judgement rates, footnotes and caveats to supplement the more »
FINRA released the final tallies for 2008 arbitration filings. 2008 witnessed marked change in trends regarding the type of controversy. Filings citing “Omission of Facts” increased 337% from 2007 levels. Misrepresentation saw the second largest jump in filings with an increase of 171% over 2007. In 2007, Misrepresentation was the 5th most frequently cited type of controversy and it jumped to more »