Carl Levin actually said...

We have a Treasury Department definition. We have one line. You must ask for the beneficial ownership as defined in 31 CFR.

I look forward to the definition on beneficial owners.

We want to avoid a mandate as well, so we provide a possible source of funds, but we do not require that the source be used.

The potential for criminals to buy these types of companies without ever divulging their names or interest is a threat to our security and t...