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Law enforcement opposes rollback of beneficial ownership reporting

Person looking up inside the Capitol rotunda in Washington DC.
Photo: Grant Faint/Getty Images

As federal rules ease, state and local authorities seek new tools to combat financial crime.

The rollback of corporate transparency requirements in the US, a move welcomed by some for easing regulatory burdens, may ultimately hinder those who rely on clarity most: law enforcement.

In times of uncertainty, it’s natural for various players to retreat into self-preservation. But short-term fixes often sow the seeds of

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