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The U.S. Treasury Department cleared the way Tuesday for financial institutions to share regulatory information with an Arizona-based company that plans to pool anti-money laundering data from hundreds of banks. In an administrative ruling, the department's Financial Crimes Enforcement Network (FinCEN) said that an unnamed "association of financial institutions" could participate in the U.S. Patriot Act's 314(b) program, which grants safe harbor protections to banks that share Bank Secrecy Act data (BSA) on a case-by-case basis. Although the limited liability company, which is wholly owned by financial institutions, is not required under BSA regulations to maintain an anti-money laundering (AML)...