U.S. tightens foreign investment rules

Janet Babin Oct 10, 2018
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U.S. tightens foreign investment rules

Janet Babin Oct 10, 2018
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Some sensitive industries — everything from technology to defense firms — will face tougher federal scrutiny under new regulations formalized Wednesday. The Committee of Foreign Investment in the U.S., or CFIUS, announced its pilot program will take effect in 30 days. The announcement has some innovation, defense and tech companies scrambling to comply so they don’t face penalties.

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