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TREAS/DO | RIN: 1505-AB88 | Publication ID: Spring 2009 |
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 were published November 21, 2008, in the Federal Register. Treasury also published in the Federal Register guidance on the types of transactions that CFIUS has reviewed and that have presented national security considerations. Treasury published this guidance in the Federal Register on December 8, 2008. | |
Agency: Department of the Treasury(TREAS) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Completed Actions |
Major: No | Unfunded Mandates: No |
CFR Citation: 31 CFR 800 | |
Legal Authority: 50 USC app 2170 et seq |
Legal Deadline:
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Timetable:
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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 |