Violation Tracker Individual Record
: BNP Paribas Securities Corp. and BNP Paribas Prime Brokerage, Inc.
Current Parent Company
: BNP Paribas
Parent at the Time of the Penalty AnnouncementPenalty
to see this data field
: October 24, 2019
: financial offenses
: anti-money-laundering deficiencies
: financial institution supervision failures
: FINRA fined BNP Paribas Securities Corp. and BNP Paribas Prime Brokerage, Inc. $15 million for anti-money laundering program and supervisory failures involving penny stock deposits and resales, and wire transfers, that spanned four years.
Level of Government
: agency action
: Financial Industry Regulatory Authority
Civil or Criminal Case
HQ Country of Current Parent
Ownership Structure of Current Parent
: publicly traded
Major Industry of Current Parent
: financial services
Specific Industry of Current Parent
Source of Data
: (click here)
: FINRA is a securities industry self-regulatory body authorized by the federal government.
: If an online information source is not working, check the Violation Tracker Data Sources page
for an updated link.
Current parent company note
: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log