This one really oughtta make that baby in the comercials puke. FINRA has slapped a $1 million fine on the online investments company for slacking in their anti-money laundering procedures.
It wasn't just a momentary lapse, either. For about 4 and half years the firm who lets arm-chair investors play Russian roulette with the market had little to no automated process with which to monitor suspicious trading activity. They just crossed their fingers and hoped their good ol' employees would keep an eye out.
Not surprisingly, E*Trade has no comment.
shrug
you and edmundo braverman need to stop posting on here. it's sad to watch you pretend you're older than you are.
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