AML/BSA fine8 min read
Merrill Lynch ($7.5M)
Regulator: SEC. Jurisdiction: US. AML/BSA fine. The SEC fined Merrill 7.5 million dollars because its transaction monitoring system only investigated alerts scoring 20 or higher, after Merrill’s own analysis showed lower-scoring events would have produced suspicious activity reports.
By Michelangelo FrigoZyphe Blog

Read the full story
Originally published by Zyphe Blog on Jun 29, 2026.
Comments
Sign in to join the discussion.