3 ms·
Should the names and addresses of all shareholders of all public corporations be public record? What about private corporations?
by solidsnack9000 3y ago
Should the names and addresses of all shareholders of all public corporations be public record?
What about private corporations?
- wpietri 3y agoThe SEC already requires any significant investment to be publicly disclosed: https://www.reuters.com/markets/us/us-sec-shortens-stock-disclosure-deadline-5-days-2023-10-10/ https://www.reuters.com/markets/us/us-sec-shortens-stock-dis... And there's really no such thing as a "private corporation". The whole point of a corporation is to get government recognition for acting under another name. But assuming you're referring to companies so closely held that they're not not publicly traded, then yes, absolutely, ownership should be a matter of public record. I just recently filed for a CA LLC and my name is listed for all the world to see.
- anticensor 3y agoNot all shareholders, but anyone with more than $1 million of shares should be considered public.