The straightforward bill provides needed transparency by requiring companies in the United States to disclose the financial beneficiary in order to prevent criminals and wrongdoers from exploiting their status as a company for criminal gain.
Describing the purpose of Congresswoman Maloney's bill on financial transparency.
Share & report
More from Pat McHenry
Chair Gensler gave a speech just last week discussing his belief that the asset of the investment contract is itself the investment contract, which is completely bogus.
For platforms that want to do it right, that care about their customers, that care about customer protection, it is absolutely doable now, without legislation.
I want to first commend the Administration on the appointment of Andrea Gacki as the new Director of FinCEN.
Other voices in this conversation
