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A proposed expansion of a transactional reporting rule may give the Treasury Department more opportunities to issue demand letters, an obscure but increasingly common method for gathering intelligence on financial crimes, three former U.S. officials told ACAMS moneylaundering.com. The travel rule, which the department's Financial Crimes Enforcement Network adopted in 1996, currently requires banks and other institutions to forward the names, addresses and account numbers of the originators and beneficiaries of cross-border payments of $3,000 or more to the next institution in line to handle the funds, and also log that information themselves. An Oct.23 plan by FinCEN and the...