Tens of millions of U.S. small businesses will not be required to disclose who owns their businesses, under a final Financial Crimes Enforcement Network (FinCEN) decision killing beneficial ownership information (BOI) reporting.

Adrianne Appel writes regulatory news, policy, and trends for Compliance Week. She previously reported about policy developments for Bloomberg Law and Bloomberg Government. Email: adrianne.appel@complianceweek.com LinkedIn:...