House expected to consider capital markets package in March.
The proposed rules have the potential to alter how the private fund industry operates—and could greatly increase the costs of regulatory compliance.
Carta and a coalition of other firms authored a letter to the Financial Crimes Enforcement Network (FinCEN) urging them to include additional guidance in rules for implementing the Corporate Transparency Act.
PayPal launches a stablecoin—will Congress finally act?
The new Corporate Transparency Act requirements begin January 1, 2024, and business entities subject to the rules will face significant new reporting and recordkeeping obligations.