OTC Link LLC fined $575K by SEC

Amount: $575,000
Regulator: SEC; U.S. Securities and Exchange Commission
Date: 22 Sep 2026
Country: United States; Broker-dealer

What happened

The SEC censured OTC Link LLC and imposed a $575,000 civil penalty for repeated violations of Regulation SCI related to systems compliance and integrity.

Violations

AML program failures

Controls that catch this

Transaction Monitoring: scenario coverage, alert review and SAR workflow
Customer risk assessment that blocks or escalates high-risk onboarding
Case management with an audit trail for every decision

Sources

Regulator's notice Official
Also reported by 1 outlet, tracked in AML News Radar
- OTC Link pays $575,000 to SEC to settle alleged compliance failures Compliance Week

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Figures and summaries come from the regulator's published notice or, where noted, press reports. Penalties can be reduced, appealed or combined with other agencies' actions. Last reviewed by our compliance team: 27 Oct 2026.

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