WebGWFS Equities, Inc. (a wholly-owned subsidiary of Great-West Life & Annuity Insurance Company) (SEC I.D. No. 8-33854) Financial Statements and Supplemental Schedules as of andfor the Year Ended December 31,.2024 and Report ofIndependent Registered Public Accounting Firm Filed Pursuant to Rulè 17a-5(e)(3) as a PUBLIC DOCUMENT I. I I I WebMay 18, 2024 · GWFS Equities — an affiliate of Empower Retirement and Great-West Life & Annuity Insurance — agreed on May 12 to pay a civil penalty of $1.5 million to settle the …
Empower Retirement subsidiary fined $1.5 million for not reporting
WebMay 12, 2024 · SEC. The Securities and Exchange Commission today announced settled charges against GWFS Equities Inc. (GWFS), a Colorado-based registered broker-dealer and affiliate of Great-West Life & Annuity Insurance Company, for violating the federal securities laws governing the filing of Suspicious Activity Reports (SARs). GWFS … WebMay 28, 2024 · GWFS was able to intervene in most hacking attempts before cyber criminals could successfully request and receive a distribution from a retiree’s account; however, GWFS was unable to prevent all account takeovers. As a result of its investigation, the SEC determined that GWFS failed to file 130 SARs in connection with unauthorized … electric motor battery charger
GWFS - What does GWFS stand for? The Free Dictionary
WebMay 12, 2024 · The SEC found that GWFS failed to file approximately 130 of the required reports and that of the nearly 300 SARs it did file, essential information was left out, … WebMay 26, 2024 · Without admitting or denying the SEC’s findings, GWFS agreed to a settlement that imposed a censure, a $1.5 million penalty, and an order to cease and … WebMay 12, 2024 · GWFS warded off most these attempts, though some were successful, the SEC noted. Regardless, the incidents are required to be reported under the Bank … electric motor bearing grease blue polyurea