The Foreign Agents Registration Act (FARA) requires registration for a wider range of U.S.-based activities than is realized, but it also provides a range of factors that can relieve U.S.-based people or organizations from having to register. The ramifications of the 1938 law came under the microscope in a recent BakerHostetler webinar. This article distills the insights shared during the presentation by partners Alexander Reid and Lee Casey. See our three-part series introducing FARA: “Definitions and Exemptions” (Mar. 3, 2021); “The New Risk Environment” (Mar. 17, 2021); and “Enforcement and Compliance” (Apr. 14, 2021).