Real-Estate Agents, Investment Advisers Chafe at New Anti-Money-Laundering Rules

Reported by  Dylan Tokar Instances where private funds and real-estate purchases were used to launder illicit funds have garnered attention in recent years, but many industry participants feel the problem isn’t a systemic one. In letters to FinCEN, industry proponents questioned whether the threat warranted costly new processes and paperwork. Andreessen Horowitz, one of the […]