Key Notes:
- U.S. persons must divest their holdings of publicly traded securities, derivatives and similar instruments of CCMCs by November 11, 2021.
- Holdings in mutual funds and other pooled investment vehicles are subject to the divestment requirements.
On January 13, President Trump amended his previously issued Executive Order to address confusion over whether U.S. persons must divest publicly traded securities in certain “Communist Chinese Military Companies” (CCMCs).