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SEC fines OTC Link over $1M for not reporting suspicious activities

SEC fines OTC Link over $1M for not reporting suspicious activities


Cryptopolitan
2024-08-13 23:31:52

New York-based broker-dealer OTC Link just got nailed by the Securities and Exchange Commission (SEC) for what they believe to be a colossal screw-up. Over three years, OTC Link didn’t bother to file even a single Suspicious Activity Report (SAR), something they’re legally required to do. The fine? $1.19 million. OTC Link operates three alternative


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