Series 28: Layering

Taken from our Series 28 - Introducing Broker-Dealer Financial and Operations Principal Qualification Examination

Definition of the term Layering...

in money laundering, the wire transfer of funds through a series of accounts in an attempt to hide the funds’ true origins.

Since you're reading about Series 28: Layering, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 28
Please Enable Javascript
to view this content!