The USA PATRIOT Act. The USA PATRIOT Act is designed to detect, deter, and punish terrorists in the United States and abroad. The Act imposes new anti-money laundering requirements on brokerage firms and financial institutions. Since April 24, 2002 all brokerage firms have been required to have new, comprehensive anti-money laundering programs.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Corporate Universe Inc), Subscription Agreement (Sincerity Applied Materials Holdings Corp.), Securities Purchase Agreement (Loreto Resources Corp.)
