FinCEN proposed new recordkeeping and reporting requirements for financial institutions that facilitate convertible virtual currency "mixing" transactions.
A broker-dealer settled charges with FINRA for failing to timely report trades and for incorrectly reporting internal transfers as "securitized products transactions" to the Trade Reporting and Compliance Engine and to the MSRB's Real-time Transaction Reporting System.
A broker-dealer settled charges with FINRA for failing to have a supervisory system in place that could reasonably detect potential "spoofing" and "layering."
