3 ms·

Anonymous companies are bad. I think you could fix a lot of the issues by requiring that all companies must be recorded in a public registry that includes cont

Anonymous companies are bad. I think you could fix a lot of the issues by requiring that all companies must be recorded in a public registry that includes contact information, owner and executive names, as well as a list of actual physical locations where the company operates (if any -- online businesses don't need to have a physical location).

kasey_junk 4y ago
You’d need a federal level legislation to achieve that (and perhaps a constitutional amendment). The states decide the information requirements in their jurisdictions and many have vested interests in not changing them (particularly Delaware where this case is).
- mikeyouse 4y ago
  This is called a beneficial ownership registry and Biden signed the most recent NDAA which actually included a rule to create this. FinCen is developing the framework now and we should have much more transparency pretty soon; https://www.fincen.gov/news/news-releases/fact-sheet-beneficial-ownership-information-reporting-notice-proposed-rulemaking https://www.fincen.gov/news/news-releases/fact-sheet-benefic...