Skip to Primary Navigation

US states sue FinCEN, Treasury over beneficial ownership rule changes

Letitia James at a lectern
New York Attorney General Letitia James. Photo: Michael M. Santiago/Getty Images

About two dozen state attorneys general sued the Treasury Department for exempting domestically formed legal entities from having to submit BOI.

Nearly two dozen state attorneys general have filed a lawsuit against the US Treasury Department and several Trump Administration officials. The move comes as a response to the attempt to exempt domestically formed legal entities from having to submit beneficial ownership information (BOI) pursuant to the requirements of the Corporate

Get full access, free for a month

This is a Premium article. Start your 28-day free trial to continue reading and access all content on GRIP – no payment details required.

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience