Trump Administration Bars U.S. Investments in Certain Chinese Companies Linked to Chinese Military


Source: jdsupra.com jdsupra.com

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Embed To embed, copy and paste the code into your website or blog: On November 12, 2020, President Trump issued Executive Order 13959 1 (“the Order”) that will shortly bar any U.S. person from “any transaction in publicly traded securities, or any securities that are derivative of, or are designed to provide investment exposure to such securities” of any “Communist Chinese military company” (as that term is defined in the order). The effective date of this new rule will be January 11, 2021 (“Effective Date”). U.S. persons who hold such securities in such a company as of the Effective Date...