Financial Crime Financial Crime

Great-West affiliate to pay $1.5 million over failure to file cyber-related US SARs

By Richard Vanderford
  • 12 May 2021 16:32
  • 12 May 2021 16:32
A brokerage affiliate of Great-West, a financial company, has settled a US Securities and Exchange Commission action over its failure to file suspicious activity reports noting cyberattacks on its customers' accounts.

GWFS Equities, a Colorado-based affiliate of Great-West, will accept an SEC censure and pay $1.5 million after it failed to report attempted,

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments

LEARN MORE LEARN MORE

Latest News