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AML/BSA fine8 min read

Merrill Lynch ($7.5M)

Regulator: SEC. Jurisdiction: US. AML/BSA fine. The SEC fined Merrill 7.5 million dollars because its transaction monitoring system only investigated alerts scoring 20 or higher, after Merrill’s own analysis showed lower-scoring events would have produced suspicious activity reports.

By Michelangelo FrigoZyphe Blog
Merrill Lynch ($7.5M)

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Originally published by Zyphe Blog on Jun 29, 2026.

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