From September 2016 through November 2022, Ally failed to preserve at least 22.6 million business-related electronic communications, violating Securities Exchange Act of 1934 § 17(a), Exchange Act Rule 17a-4, and FINRA Rules 4511 and 2010. During the same period, Ally’s written supervisory procedures were not reasonably designed to ensure review of business-related electronic communications, and the firm failed to timely review at least 521,000 such communications, violating FINRA Rules 3110 and 2010. For these violations, Ally is censured and fined $850,000.

From July 2016 through June 2024, National Bank of Canada Financial inaccurately reported to the Trade Reporting and Compliance Engine (TRACE) approximately 108,000 transactions without the required "No Remuneration" (NR) indicator, in violation of FINRA Rules 6730( d) and 2010. For this violation, National Bank of Canada Financial is censured and fined $70,000.