As discussed in our prior two alerts (found here), effective as of Jan. 1, 2024, the Corporate Transparency Act and rules issued thereunder by the Financial Crimes Enforcement Network (“FinCEN”) (collectively, the “CTA”)...more
4/24/2024
/ Beneficial Owner ,
Commerce Clause ,
Compliance ,
Congressional Authority ,
Constitutional Challenges ,
Control Test ,
Corporate Transparency Act ,
Deadlines ,
Filing Deadlines ,
FinCEN ,
Popular ,
Reporting Requirements
As discussed in our prior alert, effective as of January 1, 2024, the Corporate Transparency Act and rules issued thereunder by the Financial Crimes Enforcement Network (“FinCEN”) (collectively, the “CTA”) require most U.S....more
In mid-December, the Securities and Exchange Commission (SEC) voted to propose rules updating the framework to the existing Regulation A offering. The rules would implement new Section 3(b)(2) of the Securities Act of 1933,...more