,,ii  #aai? ,,congress  #b;d ,session   
,s4 #dcch  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,april #af 7legislative
 day1 ,april #ad71 #bjbf,mr4 ,wyd5      
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to require ! ,director ( !     
,f9ancial ,crimes ,en=cem5t ,network ( !
 ,dep>tm5t ( ! ,treasury to c>ry out an 
inve/igation reg>d+ :e!r f9ancial       
in/itutions violat$ c]ta9 provisions (  
title #ca1 ,unit$ ,/ates ,code1 )       
respect to transactions involv+ ,jeffrey
 ,ep/e91 & = o!r purposes4  #a4 ,%ort   
title ,?is ,act may be cit$ z !         
,p$ophile ,f9ancial ,acc\ntability ,act4
  #b4 ,fin,c,e,n inve/igation & report2 
ref]rals to ,attorney ,g5]al  7a7       
,def9itions ,9 ?is section3 7#a7 ,bank  
,secrecy ,act ,! t]m ,bank ,secrecy ,act
 means sub*apt] ,,ii ( *apt] #ec ( title
 #ca1 ,unit$ ,/ates ,code4  7#b7        
,director ,! t]m ,director means !      
,director ( ,fin,c,e,n4  7#c7 ,employee 

,! t]m employee means an employee ( a   
f9ancial in/itution4  7#d7 ,f9ancial    
in/itution ,! t]m f9ancial in/itution   
has ! mean+ giv5 ! t]m 9 section        
#ecab7;a7 ( title #ca1 ,unit$ ,/ates    
,code4  7#e7 ,fin,c,e,n ,! t]m          
,fin,c,e,n means ! ,f9ancial ,crimes    
,en=cem5t ,network ( ! ,dep>tm5t ( !    
,treasury4  7#f7 ,suspici\s activity    
report ,! t]m suspici\s activity report 
means a report requir$ "u section       
#ecah7;g7 ( title #ca1 ,unit$ ,/ates    
,code4  7b7 ,inve/igation  7#a7 ,9 g5]al
 ,! ,director %all conduct an           
inve/igation into pot5tial violations ( 
! ,bank ,secrecy ,act by f9ancial       
in/itutions & employees relat+ to ! h&l+
 ( transactions involv+ ,jeffrey ,ep/e94
  7#b7 ,requirem5ts ,! inve/igation     
requir$ "u p>agraph 7#a7 %all include an
 exam9ation (-- 7,a7 :e!r employees     
violat$ ! ,bank ,secrecy ,act by fail+  
to prop]ly scre5 & report suspici\s     
activity to ,fin,c,e,n 9 a timely mann]1
 z requir$ "u ! ,bank ,secrecy ,act2    

7,b7 ! facts & circum/ances surr\nd+    
significant delays 9 ! fil+ ( suspici\s 
activity reports1 & ! significant       
und]report+ ( suspici\s activity        
reports1 by f9ancial in/itutions1       
includ+ ,j,p,morgan ,*ase & ,bank (     
,am]ica1 9 relation to l>ge ca%         
)drawals1 deposits1 & wire transf]s to &
 f acc\nts ma9ta9$ by-- 7i7 ,jeffrey    
,ep/e92 or  7ii7 co-conspirators (      
,jeffrey ,ep/e92  7,c7 decisions by     
f9ancial in/itutions to wait sub/antial 
p]iods ( "t be=e report+ ! full ext5t ( 
suspici\s activity ( ,jeffrey ,ep/e9 to 
! ,dep>tm5t ( ! ,treasury2  7,d7 :e!r   
individual employees ask$ = any bus9ess 
records or docum5ts sub/antiat+ !       
economic or bus9ess purpose ( l>ge      
paym5ts made by ,jeffrey ,ep/e9 to 8    
cli5ts1 includ+ ,leon ,black1 ,les      
,wexn]1 & o!rs2  7,e7 :e!r f9ancial     
in/itutions ev] ask$ any weal?y         
individuals to provide records          
sub/antiat+ claims t multi-million doll>
 paym5ts to ,jeffrey ,ep/e9 7 = purport$

 tax & e/ate plann+ s]vices2  7,f7 :e!r 
f9ancial in/itutions us$ au?orities     
grant$ "u section #cad7;b7 ( ! ,,usa    
,,patriot ,act 7#ca ,u4,s4,c4 #ecaa     
note7 to scre5 l>ge transf]s to acc\nts 
ma9ta9$ by ,jeffrey ,ep/e92 &  7,g7 !   
conduct ( s5ior executives ( major      
f9ancial in/itutions 9 relation to all[+
 employees to cont9ue work+ ) ,jeffrey  
,ep/e91 ev5 aft] exit+ ,ep/e9 z a cli5t 
ov] money laund]+ conc]ns4  7c7 ,report 
7#a7 ,9 g5]al ,n lat] ?an #ajj days aft]
 ! date ( enactm5t ( ?is ,act1 !        
,director %all submit to ,congress a    
report reg>d+ ! outcome ( ! inve/igation
 requir$ "u subsection 7b74  7#b7       
,p]missible in=mation ,not)/&+ any o!r  
provision ( law or regulation1 ! report 
requir$ "u p>agraph 7#a7 may conta9     
in=mation obta9$ f suspici\s activity   
reports fil$ ) ,fin,c,e,n 9 relation to 
transactions t mov$ funds 9 & out (     
acc\nts ma9ta9$ by ,jeffrey ,ep/e94  7d7
 ,ref]ral to ,attorney ,g5]al ,:]e      
appropriate1 ! ,director %all make a    

ref]ral to ! ,attorney ,g5]al reg>d+ any
 employee :o ! ,director det]m9es m]its 
fur!r inve/igation 9 connection ) a     
pot5tially willful violation ( ! ,bank  
,secrecy ,act or o!r ,f$]al anti-money  
laund]+ laws4