Comment from Casgrain & Company (USA) Limited

Casgrain & Company (USA) LimitedOpposeBusiness
Summary: Casgrain & Company (USA) Limited, a Canadian broker-dealer, opposes the requirement for a U.S.-based BSA/AML officer for firms without a U.S. office. They argue that a remote U.S. officer would be less effective for their Montreal-based operations and would impose disproportionate costs, requesting a conditional exemption instead.
Please see attached comment letter from Casgrain & Company (USA) Limited.

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