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Small business owners' privacy at risk under new federal regulation

Source: Original publisher

USA TODAY - For more and to sign up click here USA TODAY The federal government has a message for small businesses across the country: “Your papers, please.” ​A proposed rule from FinCEN, a federal agency charged with surveilling the financial system, would require anyone forming a new corporate entity to self-report all its “beneficial owners,” meaning anyone either with at least 25% ownership stake or who…

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