Is SoundMoney regulated by a government agency?

While SoundMoney is not a bank or a brokerage for paper securities (and therefore not regulated by the SEC), we operate in strict compliance with all U.S. federal and state regulatory requirements for precious metals dealers.

Our compliance framework includes:

• FinCEN (U.S. Treasury): We are governed by the Bank Secrecy Act (BSA) and the USA PATRIOT Act. We maintain a formal Anti-Money Laundering (AML) program and "Know Your Customer" (KYC) protocols to prevent financial crime.
• IRS Reporting: We adhere to all Internal Revenue Code requirements regarding the reporting of cash transactions (Form 8300) and specific bullion sale thresholds (Form 1099-B).
• State-Level Compliance: We comply with individual state regulations regarding the sale and storage of precious metals, as well as general consumer protection laws.
• Independent Oversight: To ensure your assets are protected, our partner vaults undergo regular independent audits and are fully insured.

Updated on: 01/05/2026