Money Laundering 101

Going Public LawyerSecurities Lawyer 101 Blog Posted By: Brenda Hamilton Attorney The Bank Secrecy Act (“BSA”) requires financial institutions in the United States to assist U.S. government agencies to detect and prevent money laundering activity. The BSA, also called the Currency and Foreign Transactions Reporting Act, was passed by Congress in 1970. The BSA s  regulations apply to broker-dealers as well as to banks and... Read MoreGoing Public Lawyer
http://www.securitieslawyer101.com/2014/money-laundering-activity/