Well fuck face, That makes you soft on crime. You must be a RINO.
Law enforcement can uncover all kinds of illegal activities such as drug dealing, money laundering and embezzlement with this reporting requirement.
They brought Denny Hastert to justice for a crime of child molesting long after it happened by charging him with the hush money coverup.
Of course Al Capone was sent to prison after his tax evasion was discovered thanks to banking records that exposed the money moving through his criminal enterprise.
But since you’re not a serious adult, you think mandatory reporting is a government conspiracy.