Licensing and Compliance

Commitment to Compliance

US Equity Advantage (USEA) has a dedicated Compliance department that is actively engaged in meeting all regulatory compliance issues in the marketplace.

Privacy & Security are Paramount

GLBA (Gramm Leach Bliley Act): The GLBA governs customer privacy measures to ensure their security and protection. USEA complies with all information safeguards and diligently projects our customer information with strict personnel procedures and encrypted data.

Money Transmitter Licenses

USEA currently operates in 75% of the United States. Our goal is to provide service to consumers in all 50 states. View a map of the states where we do business.

Protected Electronic Money Transfer

EFTA (Electronic Funds Transfer Act): USEA complies with all aspects of the EFTA related to our customer’s transactions to ensure our customers are properly informed and their electronic transfers are protected. Failure to do so leads to termination.

NACHA Compliance

NACHA (National Clearing House Association) Operating Rules and Guidelines: NACHA manages the development, administration and governance of the ACH network. Failing to maintain acceptable return levels could result in being shut out of the ACH network and the immediate inability to continue operations. USEA maintains return levels well below threshold values.

Registered with FinCEN

In accordance with the USA Patriot Act of 2001 and the Department of Treasury’s Title 31 CFR Chapter X, USEA is registered with FinCEN and a dedicated BSA/AML Officer oversees all aspects of BSA/AML policy.

AM Best Rating A+

Under the State Money Transmitter license statustes, USEA is bonded in excess of $10M from an insurance carrier that carries an AM best Rating of A+ and is audited by each and every State banking department once every 12-18 months.