The Securities and Exchange Commission took aim at two compliance officers at a broker-dealer, alleging that they aided and abetted the brokerage’s failure to file reports on suspicious transactions.
Aegis Capital Corp. failed to file reports on hundreds of transactions that were potentially related to the market manipulation of low-priced securities, the SEC alleged. The company didn’t file the reports even when it identified red flags for money laundering related to the transactions, the SEC said.
