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Violation Tracker Individual Record

Company: E.S. Financial Services
Penalty: $1,000,000
Year: 2016
Date: February 4, 2016
Offense Group: financial offenses
Primary Offense: anti-money-laundering deficiencies
Violation Description: A Miami-based brokerage firm agreed to pay a $1 million penalty to settle allegations that it violated anti-money laundering rules by allowing foreign entities to buy and sell securities without verifying the identities of the non-U.S. citizens who beneficially owned them.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.