footdr
Banned User: PITA violations of the Forum Rules
- Joined
- Jan 13, 2006
- Location
- cyberspace
Regulation GG refers to UIGEA regulations. After careful research I find the majority of the final regulations issued by the Fed. Gov. deal with "commercial accounts". Banks must still report suspicious transactions as they always have and block transactions "coded" as gambling related, as they always have been required to.
I have posted a question at Bankers Online and will post the answer here when I receive it.
No real guidelines were actually issued from what I can tell other than requiring a statement from commercial accountholders that they do not process gambling transactions.
I have posted a question at Bankers Online and will post the answer here when I receive it.
No real guidelines were actually issued from what I can tell other than requiring a statement from commercial accountholders that they do not process gambling transactions.
