SIE - Securities Industry Essentials Exam
Preview Mode
A customer has been making cash and money order deposits of $9500 into her brokerage account after the account has been opened. This could be
Structuring
A
Compliance
B
Placement
C
Selling Away
D
Explanations
This could be structuring - making deposits just under $10,000 to avoid having the transactions reported to the US government.