Partner David Plotinsky spoke with MLex about a presidential policy memorandum addressing cross-border investment that attempts to increase foreign investment in the United States from allies while nearly cutting off all investment from, and into, US adversaries. David noted that some of the policy’s objectives would require congressional legislation.
“It is important to understand that the policy memorandum is just that—a statement of White House policy objectives—and there is no immediate impact on current regulations, which would still require formal amendment before any changes were to become effective,” David said.
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