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TREAS/DO

RIN: 1505-AB88

Publication ID: Fall 2008

Title: Regulations Pertaining to the Mergers, Acquisitions, and Takeovers by Foreign Persons
Abstract: On July 26, 2007, President Bush signed into law the Foreign Investment and National Security Act of 2007 (FINSA) (Pub. L. 110-49), which amends section 721 of the Defense Production Act of 1950 (50 U.S.C. 2170 et seq.) (section 721), to codify the structure, role, process, and responsibilities of the Committee on Foreign Investment in the United States (CFIUS). FINSA requires the President to direct the issuance of implementing regulations. Proposed regulations have been published in the Federal Register and were subject to notice and comment. Final regulations are expected to be published this fall. Treasury must also publish in the Federal Register guidance on the types of transactions that CFIUS has reviewed and that have presented national security considerations. Treasury plans to do so separately from the regulations that will be published under section 721.
Agency: Department of the Treasury(TREAS)	Priority: Other Significant
RIN Status: Previously published in the Unified Agenda	Agenda Stage of Rulemaking: Final Rule Stage
Major: No	Unfunded Mandates: No
CFR Citation: 31 CFR 800
Legal Authority: 50 USC app 2170 et seq

Legal Deadline:

Action	Source	Description	Date
Final	Statutory		04/21/2008

Timetable:

Action	Date	FR Cite
NPRM	04/23/2008	73 FR 21861
NPRM Comment Period End	06/09/2008
Final Action	11/00/2008

Regulatory Flexibility Analysis Required: No	Government Levels Affected: None
Small Entities Affected: Businesses	Federalism: No
Included in the Regulatory Plan: No
International Impacts: This regulatory action will be likely to have international trade and investment effects, or otherwise be of international interest.
RIN Data Printed in the FR: No
Agency Contact: Office of International Affairs Department of the Treasury Departmental Offices Phone:202 622-2752