Exemption No. Exemption Short Title
1 Securities reporting issuer
2 Governmental authority
3 Bank
4 Credit union
5 Depository institution holding company
6 Money services business
7 Broker or dealer in securities
8 Securities exchange or clearing agency
9 Other Exchange Act registered entity
10 Investment company or investment adviser
11 Venture capital fund adviser
12 Insurance company
13 State-licensed insurance producer
14 Commodity Exchange Act registered entity
15 Accounting firm
16 Public utility
17 Financial market utility
18 Pooled investment vehicle
19 Tax-exempt entity
20 Entity assisting a tax-exempt entity
21 Large operating company
22 Subsidiary of certain exempt entities
23 Inactive entity
The lawyer sent a form letter saying this applied to everyone on the board. I was beyond pissed. I read the regulations myself and decided it only applied to me. Not a hero by a long shot, just really pissed. Even identical large corporations, about 25 times larger than ours by income are exempt. The exact same corporation, exempted because they donated to buy an exemption. I entered my info and nobody else's
Those big donors can't money launder because they are what, too large? But we can launder money even though it would literally be a few hundred dollars and that would get caught by our mandatory audits. So now my info is in a warrantless search database. F every single one of those bastards, both parties.
It eventually was stuck into a must-pass defense bill, but ere's an 2019 vote on it: https://www.govtrack.us/congress/votes/116-2019/h577 showing Cheney YEA and Crenshaw prior to his conversion actually voting NAY, Stefanik the fraud voted YEA, etc. Doesn't look like the Senate ever voted on it, just let it slide through in the defense bill.