News Snapshot:
Nine days before the end of his term, President Trump will ban any transaction by a U.S. person involving the securities or derivatives of securities of any "Communist Chinese military company" as identified by the government. 1 Although this new Executive Order 13959 (EO), which was issued on November 12, 2020 but goes into effect in January, falls short of banning Chinese companies from investing in the United States, U.S. persons (including U.S. citizens, U.S. companies, permanent residents, and individuals and entities located within the U.S.) will be prohibited from owning shares of any of the 31 Chinese companies identified...
