874. I am a United States person seeking to divest my holdings of covered securities before the relevant deadline stated in Executive Order 13959, as amended (E.O. 13959). For purposes of E.O. 13959, what types of activities are permitted to effectuate such divestment?
Any transaction (including purchases for value and sales) entered into on or before 11:59 p.m. eastern standard time on November 11, 2021, solely to divest, in whole or in part, from securities that any United States person held as of 9:30 a.m. eastern standard time on January 11, 2021, in a Communist Chinese military company as defined in section 4(a)(i) of E.O. 13959, is permitted. Similarly, for a person determined to be a Communist Chinese military company pursuant to section 4(a)(ii) or (iii) of E.O. 13959, any transaction (including purchases for value and sales) entered into on or before 365 days from the date...
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Notes:
1) See consolidated commentary on EO 13959, as amended by EO 13974, refer to Consolidated Comment on the CCMC EO, as Amended. See section II(vii) for discussion of the operation of the "divestment carveout." This FAQ does not appear to provide interpretive guidance on the operation of the amended divestment carveout sections (i.e. it merely restates the provisions)....