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It's only illegal for companies though, right? If individuals do it they don't need to declare anything do they?
by dabeeeenster 18y ago
It's only illegal for companies though, right? If individuals do it they don't need to declare anything do they?
- Harkins 18y agoI've poked through FEC data (lots is available free online via FTP) and seen releases indicating when an individual owns mroe than 5% of a public company. I understand that to be the reporting threshold but could be wrong. Remember, in the US legal system, companies are people. And the legal system is reluctant to create laws restricting only corporate behavior.