Important Sanctions Compliance Lessons from OFAC's $11.8m Settlement with Interactive Brokers - Stankie Law
On July 15, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced a settlement agreement with Interactive Brokers LLC (“Interactive Brokers”) violations of multiple U.S. sanctions programs. OFAC identified 12,367 apparent violations from programs including OFAC’s Russia, Venezuela, Syria, and Global Magnitsky sanctions programs, as well as the Chinese Military-Industrial […]| Stankie Law
