REMARKS OF WILLIAM F. BAITY ACTING DIRECTOR FINANCIAL CRIMES ENFORCEMENT NETWORK
Good afternoon, ladies and gentlemen. While I know many of you, let me introduce myself to others. I am Bill Baity the Acting Director of the Financial Crimes Enforcement Network, or as we are called, FinCEN. As you know, FinCEN serves as the financial intelligence unit for the United States and we administer the Bank Secrecy Act, the nation's first and most comprehensive anti-money laundering statute.