by Lander Chamber | Apr 26, 2024 | Advocacy, Chamber Blog, Government Relations, Member Support
SUMMARY In April 2024, the FTC banned non-compete agreements, allowing employees more freedom to move between jobs without restrictions on disclosing trade secrets Non-compete agreements, meant to protect company interests, had been criticized for trapping low-wage...
by Lander Chamber | Mar 12, 2024 | Advocacy, Chamber Blog, Government Relations, Member Support
New federal rules that went into effect in January and require more than 32 million businesses to report the personal information of business owners to a new federal database have been struck down, though the Department of Justice is insisting that the rule is still...
by Lander Chamber | Jan 29, 2024 | Advocacy, Chamber Blog, Member Support, NFIB Update
As the Lander Chamber of Commerce had been anticipating, the Financial Crimes Enforcement Network’s (FinCEN) new rule on Beneficial Ownership Information (BOI) has now taken effect as of January 1, 2024. This rule requires corporations, LLCs, or similar entities with...
by Lander Chamber | Jan 12, 2024 | Advocacy, Chamber Blog, Member Support, NFIB Update
As the Lander Chamber of Commerce had been anticipating, a new federal rule that was set to go into effect January 1, 2024 has done so, and it requires more than 32 million businesses to report the personal information of business owners to a new federal database. The...
by Lander Chamber | Oct 11, 2023 | Advocacy, Chamber Blog, Member Support, NFIB Update
In an NFIB survey, 90% of NFIB members had never heard of the new small business ownership information reporting requirement regulation, set to take effect in January 2024. On September 18, NFIB sent a letter to the U.S. House Financial Services Committee expressing...
by Lander Chamber | Sep 8, 2023 | Advocacy, Chamber Blog, Member Support, NFIB Update
In an NFIB survey, 90% of NFIB members have never heard of the beneficial ownership reporting requirement regulation that is set to take effect in January 2024. This new federal law passed in 2020 is set to expand the role of the U.S. Treasury’s Financial Crimes...