FourWinds10.com - Delivering Truth Around the World
Custom Search

EXECUTIVE ORDER 13959

Smaller Font Larger Font RSS 2.0

1-21-21

ReutersArchived

Alper, Alexandra; Pamuk, Humeyra (December 3, 2020). . . from the original on December 9, 2020. Retrieved December 15, 2020.

https://en.m.wikipedia.org/wiki/Executive_Order_13959

  1. Executive Order 13959 is a U.S. Presidential Executive Order signed on November 12, 2020 by President Donald Trump. Its stated goal is "Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies".

    Executive Order 13959
    Executive Order on Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies
    Seal of the President of the United States
    Type Executive order
    Executive Order number 13959
    Signed by Donald Trump on November 12, 2020
    Federal Register details
    Federal Register document number 2020-25459
    Publication date November 17, 2020
    Document citation 85 FR 73185

    Prohibiting investment in "Communist Chinese military companies"

    The executive order prohibits all U.S. investors (institutional and retail investors alike) from purchasing or investing in securities of companies identified by the U.S. government as "Communist Chinese military companies."[1][2] A "Communist Chinese military company" is any company that the U.S. Department of Defense has identified pursuant to Section 1237 of the National Defense Authorization Act for Fiscal Year 1999. The prohibition came into effect on January 11, 2021.[3] On December 28, 2020, guidance on the executive order was published clarifying that the order included subsidiaries of the relevant companies.[4][5]

    List of affected companies

    Initially, 31 companies were identified, including two companies whose shares are traded on U.S. exchanges. These include companies in aerospace, shipbuilding, construction, technology and communication industries.

    On December 3, 2020, the Department of Defense designated four additional companies as owned or controlled by the Chinese military, taking the total number of affected companies to 35.[6]

    References

    1.  
  2. Pamuk, Humeyra , Alexandra Alper, Idrees; Alper, Alexandra; Ali, Idrees (2020-11-13). "Trump bans U.S. investments in companies linked to Chinese military". Reuters. Archived from the original on 2020-12-11. Retrieved 2020-12-15.
  3.  
  4. "Executive Order on Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies". The White House. Archived from the original on 2020-12-14. Retrieved 2020-12-15.
  5.  
  6. "Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies". Federal Register. Archived from the original on December 13, 2020. Retrieved December 14, 2020.
  7.  
  8. "Trump administration bolsters order barring U.S. investment in Chinese firms". Reuters. 2020-12-28. Archived from the original on 2020-12-29. Retrieved 2020-12-29.
  9.  
  10. "Publication of Communist Chinese Military Companies Frequently Asked Questions and Related List". U.S. Department of the Treasury. December 28, 2020. Archived from the original on 2020-12-29. Retrieved 2020-12-29.
  11.