financial instituion

2022-04-05 · 1 min read

The following are considered financial institutions by FinCEN

  1. Banks (except bank credit card systems)
  2. Brokers or dealers in securities
  3. money services business (MSB)
  4. Telegraph companies
  5. Casinos (with gross gaming revenue >$1M)
  6. Card club, gaming club, card room, gaming room, etc... (with gross gaming revenue >$1M)
  7. Anyone subject to supervision by any bank supervisory authority, whether state or federal
  8. Futures commision merchants
  9. Introduction brokers in commodities
  10. Mutual funds