That’s kind of an odd take from an SOS, but ok Indiana (my earliest home state btw).
I haven’t checked my current state’s SOS to see if he also issued a separate press release “applauding” what the small business folks already communicated in the email above–especially considering the crazy whiplash this continues to be for small businesses in my state–but it does seem like something he’d want a spotlight for.
(I say, having worked with him personally. He’s one of those people who runs to claim credit as quickly as he runs away from responsibility. We all know those folks.)
I find the “focus specifically on foreign reporting companies” interesting…
The “people” they are after have “shell corporations” already. Doesn’t seem like a big deal to add another layer to appear “domestic” rather than “foreign”.
I don’t have a problem with providing the information. It is just that the data should have been collected only by the States (as current) and the Fed agency would request that info from the States to enforce National Laws.
Circumventing laws and procedures is getting old (not just the current exec branch).
