Skip to content

The Annual War on Shell Companies

July 2, 2013

As evidenced by this article in the New York Times, there is constant pressure on the United States to change the way it regulates the formation of businesses. This article makes a couple of good points. First, it emphasizes that the U.S. is interested in sharing company ownership information with law enforcement. Second, it indicates that increased regulation would be expensive, increase bureaucracy, and discourage business. I like both these points. Certainly, something needs to be done to ensure that businesses are not abused, or being used for illegal motives; but doing too much would stifle business. The idea of law enforcement being able to readily access corporate information (with the appropriate due process) seems to be a good middle ground.

Advertisements
Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: