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RCBBSR stands for Report of Cash Transactions of Broker or Dealer in Securities.
Broker or dealer in securities are required to file RCBBSR.
RCBBSR can be filled out electronically through the appropriate regulatory agency's website.
The purpose of RCBBSR is to monitor and prevent money laundering and other illegal financial activities in the securities industry.
Information such as the identity of the parties involved in the transaction, the amount of the transaction, and the nature of the transaction must be reported on RCBBSR.
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