The proposed regulatory change to the Foreign Agents Registration Act’s commercial exemption “doesn’t really take into account a lot of the practical realities associated with foreign companies doing business in the United States, Covington & Burling’s Alexandra Langton said. “And I think that this is going to be a pretty impactful change for those multinational corporations.
The U.S. Department of Justice has proposed an update to its Foreign Agents Registration Act regulations that could mark the biggest change to the lobbying regulation in 30 years, attorneys said this week.
