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Called " Know your customer" these regulations require any company involved in financial transactions that reach a certain level, either cumulatively or in a single transaction to be able to place and identify the person attached the the account.
Brokerages, Banks, money transfer companies, large ticket retailers (auto, boat, etc) are all required to know who they are dealing with if law enforcement should show up with the proper request for the identity of the person doing these transactions.
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