Fingerprints are important to crime detection. Sometimes they are crucial, uncovering evidence of unknown felonies. You don’t have to be Sherlock Holmes to know that. Which is why it is striking that, between January 2015 and November 2019, Goldman Sachs allegedly “failed to fingerprint and screen for statutory disqualification a significant number of its U.S.-based… Read More >>
FINRA Fines J.P. Morgan Securities for Inadequate Fingerprinting
The Financial Industry Regulatory Authority (FINRA) reports that it has fined J.P. Morgan Securities $1.25 million for allegedly “failing to conduct timely or adequate background checks on approximately 8,600, or 95 percent, of its non-registered associated persons from January 2009 through May 2017.” J.P. Morgan Securities “neither admitted nor denied the charges, but consented to… Read More >>
