Executive Order 13959; (6) a set of executive orders in August that targeted the mobile applications TikTok and WeChat (the Department of Commerce’s implementing rules have been temporarily enjoined by court order); and (7) the Committee on Foreign Investment in the United...
Executive Order 13959 and OFAC Guidance Core Prohibitions. EO 13959 prohibits any transaction2 by U.S. persons3 in: Publicly traded securities of CCMCs Any securities that are derivative of publicly traded securities of CCMCs Any securities that are designed to provide investment exposure to public...
NYSE Regulation reached its decision that the Issuers are no longer suitable for listing pursuant to Listed Company Manual Section 802.01D in light of Executive Order 13959 (the “Order”), which was signed on November 12, 2020. The Order prohibits, ...
Executive Order 13959 dated November 12, 2020 (the "Order") from its Global Investable Market Indexes (GIMI). Based on feedback from more than 100 U.S. and non-U.S. market participants, the Order may have a significant impact on the investment processes of global investors. Consultation ...
In this Ropes & Gray podcast, partner Ama Adams, counsel Brendan Hanifin, and associate Emerson Siegle discuss the implications and key questions surrounding Executive Order 13959, “Addressing the Threat from Securities Investments that Finance Communist China Military Compan...
3. Unlike the CCMC sanctions, the CMIC sanctions cover only entities whose names exactly match those on the CMIC list. Under the CCMC sanctions, OFAC said a subsidiary was required to be explicitly listed to be covered by EO 13959’s prohibitions...