New Executive Order Targets Investments in Chinese Companies Linked to the Military


Source: jdsupra.com

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Embed To embed, copy and paste the code into your website or blog: On November 12, 2020, the President issued Executive Order 13959 (the Order) to prohibit U.S. persons from purchasing the publicly traded securities of certain companies that are affiliated with China’s military. While the Order does not come into force until January 11, 2021, U.S. financial services companies and U.S. investors will need to carefully review the Order to assess its potential impact. What companies are targeted by the Order? The Order applies to the securities of any company designated as a “Communist Chinese military company” (CCMC) by...