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A larger share of the responsibility for ensuring compliance with U.S. rules against illicit finance could fall to the Financial Industry Regulatory Authority if plans to downsize the Securities and Exchange Commission come to fruition, sources told ACAMS moneylaundering.com. Earlier this month, the agency, also known as Finra, fined online broker-dealer Robinhood Financial and Robinhood Securities $26 million for violating securities laws and failing to screen hundreds of millions of trades for signs of account takeovers, manipulation and other potentially illicit activity from January 2017 to November 2021. Finra disclosed the fine days after the SEC, against a backdrop of...