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Violation Tracker Individual Record

Company: OTC Link LLC
Penalty: $1,190,000
Year: 2024
Date: August 12, 2024
Offense Group: financial offenses
Primary Offense: anti-money-laundering deficiencies
Violation Description: The Securities and Exchange Commission announced charges against OTC Link LLC, a New York-based broker-dealer, for failing to file numerous reports of suspicious financial transactions, known as Suspicious Activity Reports (SARs), for a period of more than three years. OTC Link agreed to pay $1.19 million to settle the charges.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.