20:04:33:90Bank secrecy act compliance.

A hub licensee shall comply with all applicable provisions of the Bank Secrecy Act of 1970, 31 U.S.C. §§ 5311 to 5332 (January 1, 2021). A hub licensee must, with regard to its online wagering operation, maintain records related to its compliance with 31 U.S.C. §§ 5311 to 5332 (January 1, 2021), including all currency transaction reports, suspicious activity reports, and any supporting documentation, for a minimum of five years. The hub licensee shall provide the records to the commission and any appropriate law enforcement agencies on request, consistent with the authorization prescribed in 31 U.S.C §§ 5311 to 5332 (January 1, 2021). A hub licensee shall provide a written notice to the commission as soon as the hub licensee becomes aware of a compliance review that is conducted by the Internal Revenue Service under 31 U.S.C §§ 5311 to 5332 (January 1, 2021) and involves or impacts the hub licensee. The hub licensee shall provide a copy of the compliance review report or the equivalent to the commission within ten days after the hub licensee receives the report.

Source: 53 SDR 35, effective September 30, 2026.