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FINRA fines Brown Brothers Harriman & Co. (BBH) $8 Million for Substantial Anti-Money Laundering Compliance Failures

FINRA fines Brown Brothers Harriman & Co. (BBH) $8 Million for substantial anti-money laundering compliance failures and suspended the firm’s global anti-money laundering compliance officer, Harold Crawford, for 30 days. The New York-based investment firm did not have an adequate program in place to look for and detect suspicious penny…

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