OFAC Compliance Failure Costs TradeStation $1.11 Million
On March 17, 2026, OFAC issued a new Enforcement Release: Florida-based brokerage firm TradeStation Securities, Inc., agreed to pay $1,110,661 to settle potential civil liability for 481 apparent sanctions violations. The case is a textbook example of how an OFAC compliance failure rooted not in intent but in technical error and staff negligence can translate into seven-figure penalties and...