SIE - Securities Industry Essentials Exam

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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.

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