What is the fine-grained topic of the following text: The former AML CO for Aegis Capital Corporation agreed to pay a $20K fine to settle SEC charges that, under his watch, the firm failed to file Suspicious Activity Reports (“SARs”) on hundreds of transactions when it knew, suspected, or had reason to suspect that the transactions involved the use of the broker-dealer to facilitate fraudulent activity or had no business or apparent lawful purpose. Only return the topic.
Settlement of SEC charges for failure to file Suspicious Activity Reports by former AML CO of Aegis Capital Corporation