News Snapshot:
President Biden Issues Executive Order Amending Prohibition on Securities Investments related to Chinese Military Companies Thursday, July 8, 2021 On June 3, 2021, President Biden issued Executive Order 14032, Addressing the Threat From Securities Investments That Finance Certain Companies of the People’s Republic of China. Executive Order 14032 generally prohibits U.S. persons from purchasing or selling securities of issuers identified as Communist Chinese Military-Industrial Companies (CCMC). It applies to investments in publicly traded securities of identified CCMCs and any publicly traded securities that are derivative of, or that provide investment exposure to, those securities. The Executive Order includes an annex...
