Date: November 29, 2017
Issue: Beneficial Ownership
To: Representatives Hensarling and Waters
Filing Type: Comment Letter
Details: The U.S. Chamber, along with five other associations, sent a letter to the House Financial Services Committee expressing concern to the beneficial ownership section of the Counter Terrorism and Illicit Finance Act because of the unprecedented burdens and complexities to the section's reporting provisions would impose on the non-bank businesses.