ACAMS
CAMS · Question #171
Which of the following customer transactions with a securities dealer would indicate the highest suspicion of money laundering?
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Risks and Methods of Money Laundering and Terrorist Financing
Question
Which of the following customer transactions with a securities dealer would indicate the highest suspicion of money laundering?
Options
- AFrequent trades in unlisted securities throughout the day on a regular basis.
- BRecurring transfers of money into a brokerage account subsequently invested in short-term
- CAn unexplained high level of account activity with very low levels of securities transactions
- DInvestment in securities with a significantly lower risk than the customer's expressed risk
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Topics
#securities dealer#layering#brokerage accounts#money laundering typologies