Gå frakoblet med Player FM -appen!
Special Investigations Unit: Combating Money Laundering and Fraud in the Securities Industry
Manage episode 449762139 series 2309258
In the securities world today, there is little daylight between money laundering and fraud. As these two spaces have come to increasingly overlap, FINRA created the Special Investigations Unit, or SIU, to detect and investigate cases illicit finance, market abuse and other fraud.
On this episode, we sit down with SIU Senior Director Gargi Sharma, and three investigative directors from her team: Kayla Le, Peter Gonzalez and David Byrne. They join us to share how they work to proactively identify and mitigate threats related to money laundering and other frauds.
Resources mentioned in this episode:
Reg Notice 21-14: FINRA Alerts Firms to Increase in ACH Instant Funds Abuse
Reg Notice 22-25: Heightened Threat of Fraud
Reg Notice 23-06: Effective Practices to Address Risks of Fraudulent Transfers
2023 Report on FINRA’s Examination and Risk Monitoring Program
2024 FINRA Annual Regulatory Oversight Report
Investor Insight: Ramp-and-Dump Scams
Investor Insight: Investment Group Imposter Scams
Episode 33: AML in the Securities Industry
Episode 129: Detecting and Preventing ACATS Fraud
Episode 154: FINRA’s High-Risk Representative Program
Episode 157: An Update on FINRA’s Financial Intelligence Unit
Episode 161: FINRA CEO Robert Cook on Disrupting the Cycle of Financial Fraud
55 episoder
Manage episode 449762139 series 2309258
In the securities world today, there is little daylight between money laundering and fraud. As these two spaces have come to increasingly overlap, FINRA created the Special Investigations Unit, or SIU, to detect and investigate cases illicit finance, market abuse and other fraud.
On this episode, we sit down with SIU Senior Director Gargi Sharma, and three investigative directors from her team: Kayla Le, Peter Gonzalez and David Byrne. They join us to share how they work to proactively identify and mitigate threats related to money laundering and other frauds.
Resources mentioned in this episode:
Reg Notice 21-14: FINRA Alerts Firms to Increase in ACH Instant Funds Abuse
Reg Notice 22-25: Heightened Threat of Fraud
Reg Notice 23-06: Effective Practices to Address Risks of Fraudulent Transfers
2023 Report on FINRA’s Examination and Risk Monitoring Program
2024 FINRA Annual Regulatory Oversight Report
Investor Insight: Ramp-and-Dump Scams
Investor Insight: Investment Group Imposter Scams
Episode 33: AML in the Securities Industry
Episode 129: Detecting and Preventing ACATS Fraud
Episode 154: FINRA’s High-Risk Representative Program
Episode 157: An Update on FINRA’s Financial Intelligence Unit
Episode 161: FINRA CEO Robert Cook on Disrupting the Cycle of Financial Fraud
55 episoder
Semua episod
×1 Unpacking the 2025 FINRA Annual Regulatory Oversight Report 24:59
1 Investing Wisely in 2025: Avoiding Scams and Achieving Your Financial Goals 15:16
1 Unlocking Transparency: Navigating FINRA’s Market Data Offerings 23:45
1 Encore | An Introduction to FINRA’s Crypto Asset Work and the Crypto Hub 32:07
1 Special Investigations Unit: Combating Money Laundering and Fraud in the Securities Industry 30:16
1 The Forgotten Generation: Shining a Spotlight on Gen X’s Financial Health 34:14
1 The Latest Research: Why Do Targets Engage with Scams? 34:50
1 The Victim Experience: When Romance Leads to a Crypto Scam 27:00
1 Disrupting the Cycle of Financial Fraud Through Collaboration and Innovation 19:31
1 FINRA’s Examination Program: Optimizing for the Future 35:31
1 FINRA’s Membership Application Program: Safeguarding the Integrity of the Markets 22:35
1 An Update on FINRA’s Crypto Asset Work and the Crypto Hub 20:11
1 Financial Intelligence Unit: Connecting the Industry with Actionable Information 23:40
1 Finfluencers: New Marketing Strategies Meet Existing Compliance Obligations 22:19
1 Amendments to FINRA Rule 4210: Covered Agency Transactions 28:00
Velkommen til Player FM!
Player FM scanner netter for høykvalitets podcaster som du kan nyte nå. Det er den beste podcastappen og fungerer på Android, iPhone og internett. Registrer deg for å synkronisere abonnement på flere enheter.