SIE Exam Practice Question 179

Question: 179

Which of the following account activities in a newly opened account would raise suspicions as a possible money laundering activity?

A. Multiple deposits that are immediately wired out of the account to a foreign bank.

B. Multiple deposits from other financial institutions that fund the purchases of several securities that remain in the account.

C. One large deposit that is only partially invested in securities.

D. Funds received via Fedwire