FinCEN imposes $80M in penalties against Canaccord Genuity, violations include work with fixer tied to sanctioned Russian oligarch and to Konstantin Malofeyev who funded Russian separatism in Crimea
This month the U.S. Treasury’s FinCEN imposed penalties against Canaccord Genuity for various violations related to providing trading services to stock scammers and working with customers such as “Individual 2” who aided several sanctioned Russian oligarchs in hiding their assets.
