Which two aspects of the security broker dealer industry increase its exposure to money laundering? Choose 2 answers
A. The routine use of wire transfers from, to or through multiple jurisdictions
B. They easy conversion of holdings to cash with significant loss of principal
C. Disposing of cash through securities purchases
D. Fast paced transactions conducted electronically
Answer:C
Which two aspects of the security broker dealer industry increase its exposure to money laundering? Choose 2 answers
A. The routine use of wire transfers from, to or through multiple jurisdictions B. They easy conversion of holdings to cash with significant loss of principal C. Disposing of cash through securities purchases D. Fast paced transactions conducted electronically