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The U.S. regulator of securities firms could soon issue standalone fines against companies that file "disturbingly" few regulatory reports about suspicious trades, according to a top enforcement official. That conclusion stems from a review last year by the U.S. Securities and Exchange Commission (SEC) of Bank Secrecy Act (BSA) compliance among broker-dealer firms, said the agency's chief enforcer, Andrew Ceresney, during a speech Wednesday at SIFMA's 2015 Anti-Money Laundering & Financial Crimes Conference in New York. The evaluation team found that many firms filed either no suspicious activity reports (SARs) over an entire year or only one, said Ceresney. More...