A New Twist on New Account Fraud: Detecting and Preventing ACATS Fraud

Published: May 2, 2023, 10:30 a.m.

In recent months, FINRA has published two Regulatory Notices regarding the fraudulent transfer of customer accounts using an automated system called ACATS. On this episode, we'll hear all about what goes into the creation of a Reg Notice and take a deep dive on this particular issue.