Answer
Yes. With respect to any Communist Chinese military company as defined in section 4(a)(i) of E.O. 13959, section 1(b) states that, effective at 11:59 p.m. eastern standard time on November 11, 2021, possession of any such securities by a United States person is prohibited. With respect to any person that is determined to be a Communist Chinese military company pursuant to section (4)(a)(ii) or (iii) of E.O. 13959, section 1(c) states that, effective at 11:59 p.m. eastern standard time on the date 365 days after the date of such determination, possession of any such securities by a United States person is prohibited. United States persons are thus prohibited from holding covered securities after the relevant deadline.
Date Released
January 14, 2021