News Snapshot:
On November 12, 2020, President Trump issued an Executive Order on Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies (the “Investment EO†or the “EOâ€). 1 The Investment EO may have significant repercussions for companies involved in securities trading as well as the investment sector. The EO prohibits U.S. persons from “purchas[ing] for value†publicly traded securities in designated Chinese companies that the administration believes are directly linked to Beijing’s Military-Civil Fusion efforts. The Investment EO outlines how such companies are and will be formally identified, defines the prohibitions it imposes on U.S. persons with regard...