FINRA Fines Moody Capital Solutions $50,000 for AML Compliance Failures
A California-based broker-dealer learned a costly lesson about customer due diligence this spring. FINRA announced on May 5, 2026, that Moody Capital Solutions, Inc. had been censured and fined $50,000 for repeated violations of anti-money laundering (AML) supervision rules between January 2021 and September 2024. The settlement highlights how even small firms face steep penalties […]
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