U.S. Government Appeals Alabama Judge's Beneficial Ownership Injunction

Did a federal judge's March 1 ruling that the Corporate Transparency Act usurps states' authority to regulate the formation of legal entities override established Congressional powers?

Peter D. Hardy spoke to a reporter from ACAMS Money Laundering about the appeal of that judge's decision and how the case could either curtail or uphold the CTA.

Mr. Hardy founded and co-leads Ballard Spahr's Anti-Money Laundering Team and contributes to Money Laundering Watch, the firm's thought leadership blog on anti-money laundering topics. For further information on the CTA, please see the CTA Resource Center.

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