What is described under 18 USC 1960?

18 USC 1960 addresses the issue of illegal money transmission, particularly focusing on entities that operate as money transmitters without proper registration. This statute is primarily concerned with ensuring that those who engage in transferring funds, particularly in the context of interstate or foreign transactions, abide by regulations and register with appropriate authorities. The law is designed to prevent the misuse of money transmission systems for illegal activities, including but not limited to money laundering and fraud.

In contrast, the other choices pertain to different areas of law and regulation. The transport of real estate properties is generally covered under various real estate laws rather than this specific statute. The export of defense services is regulated by the International Traffic in Arms Regulations (ITAR), which outline protocols for transferring military technologies and services. Regulations on foreign investments are governed by the Committee on Foreign Investment in the United States (CFIUS) and related statutes, focusing on national security and economic concerns rather than on the legitimacy of money transmission activities. Thus, the correct choice highlights the specific legal framework aimed at regulating money transmitting businesses, ensuring their compliance and accountability.