Search Results: keywords:"securities prohibition"

  • S. 5244 — To prohibit the purchase of certain securities from covered entities, and for other purposes.
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    Status:Introduced in Senate
    Words:1,471

    S. 5244, titled the “PRC Military and Human Rights Capital Markets Sanctions Act of 2024,” aims to prohibit U.S. citizens and entities from purchasing, selling, or holding certain securities associated with Chinese entities linked to military activities, human rights abuses,...

    Simple Explanation

    The PRC Military and Human Rights Capital Markets Sanctions Act of 2024 is a rule that says people in the U.S. can't buy or sell certain stocks related to Chinese companies involved in military actions or bad things, and if they don't follow the rule, they could have to pay a big fine or even go to jail.

  • H. R. 7759 — To prohibit the purchase of certain securities from covered entities, and for other purposes.
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    Status:Introduced in House
    Words:1,297

    H. R. 7759, known as the “PRC Military and Human Rights Capital Markets Sanctions Act of 2024”, seeks to ban U.S. individuals and entities from buying, selling, or holding securities linked to certain Chinese entities, referred to as covered entities. These covered entities are specified as...

    Simple Explanation

    H.R. 7759 is a rule that wants to stop people in the U.S. from buying or selling things like stocks from certain Chinese companies, especially if they are believed to do bad things like using forced labor. If someone breaks this rule, they might have to pay a lot of money or even go to jail, and this could make people worry about losing money quickly.