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sakopov • today at 9:07 PM • 1 reply • view on HN

If I remember right you can also disclose days, weeks or months after the actual transaction took place and just pay some miniscule fine as a slap on the wrists.


Replies

rafram • today at 9:38 PM

You remember wrong, sort of - the law requires the paperwork to be filed within 45 days, so there's no real-time disclosure requirement at all. The fine is very small, though, starting at $200 per violation.