FINRA fines former CCO at BD firm over surveillance lapses

Two compliance leaders of the global firm allegedly failed to properly supervise the surveillance of securities transactions.

In an action targeting compliance professionals individually, FINRA has suspended Vancouver-based Canaccord Genuity LLC’s former chief compliance officer and the former head of its trading compliance group, and fined them a combined $15,000 for alleged surveillance lapses.

The broker-dealer’s former chief compliance officer and anti-money-laundering (AML) officer Diane Daly

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