Jeff Watson says in early March; the Secretary of the Treasury issued an announcement which dramatically changed the Corporate Transparency Act (CTA) and how it will be enforced. To understand how this came about, I went back and read the opening sections of the CTA and noticed that repeatedly, the CTA put all the responsibility and authority for enforcing the CTA and FinCEN, etc., under the auspices of regulations to be created by the Secretary of the Treasury. Click here to read more.