in the United States House of Representatives was 412-1. The sole dissenting voice of an earlier version of the Act (the Financial Anti-Terrorism Act) was Republican U.S. Representative for Texas and former presidential nominee of the Libertarian Party Ron Paul. Paul in particular objected to a similar section to subtitle B's section 356, which makes it a requirement of brokers and dealers to report suspicious activities. Congressman Paul stated in Congress: Among the most obnoxious provisions of this bill are: expanding the war on cash by creating a new federal crime of taking over $10,000 cash into or out of the United States; codifying the unconstitutional authority of the Financial Crimes Enforcement Network (FinCEN) to snoop into the private financial dealings of American citizens; and expanding the `suspicious activity reports' mandate to broker-dealers, even though history has shown that these reports fail to significantly aid in apprehending criminals. These measures will actually distract from the battle against terrorism by encouraging law enforcement authorities to waste time snooping through the financial records of innocent Americans who simply happen to demonstrate an `unusual' pattern in their financial dealings. Sec. 351. Amendments relating to reporting of suspicious activities The Bank Secrecy Act (BSA) was amended to give financial institutions legal immunity from liability for any disclosures of suspicious transactions or activities to appropriate authorities, or for failing to notify any person identified in such a disclosure. The section also prohibits any employee or owner of a financial institution, or any officer or employee of any branch of the U.S. government, from notifying any person involved in a reported transaction that the transaction has been reported. The prohibition does not extend to employee references made under the Federal Deposit Insurance Act or in a written termination notice or employment reference made under the rules of any self-regulated organisation registered with the Security and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC), although the reference must not state that the disclosure was reported. It is noted that institutions are not required to include such information in their termination notices or employee references. Sec. 352. Anti-money laundering programs The BSA was amended in 2004 to make financial institutions implement anti money laundering programs. Institutions must implement, at a minimum, the development of internal policies, procedures, and controls; the designation of a compliance officer; an ongoing employee training program; and an independent audit function to