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This is going to start to change: https://news.ycombinator.com/item?id=25395278 https://news.ycombinator.com/item?id=25395278
by levinb 6y ago
This is going to start to change: https://news.ycombinator.com/item?id=25395278 https://news.ycombinator.com/item?id=25395278
- OzzyB 6y ago> The legislation has limitations. The general public won’t have access to the ownership data, a disappointment to anti-corruption campaigners, who say public scrutiny would help combat criminal activity. Looks like the data will only be available at the Federal level and not open to the public. > In another transparency setback, the law also exempts some entities from the disclosure requirements, including domestic investment funds that are advised and operated by a registered investment adviser. Sounds like the practice of using Registered Agents will still be allowed to continue. So it's a new law that will change how the Feds can access and prosecute organized crime, which is a good thing, but won't help much in allowing us to learn who really owns that new shinny LLC.