According to a Justice Department spokesman, there were 50 percent more FARA filings in 2017 than in 2016. And if anything, the pace has quickened since then. Many professionals believe that the boom in FARA related work can be explained by the current prosecutions and various investigations by the special counsel.
“We have seen a significant uptick in FARA-related business, both from new clients wanting to ensure they are in compliance and from existing clients who are asking us to ensure that their prior filings are fully buttoned-up,” says Josh Rosenstein of Sandler Reiff Lamb Rosenstein & Birkenstock. “Many of them have told us that the new regulatory environment is prompting them to take a hard look at FARA compliance.”
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