Treasury Shortens Comment Period for CFIUS-Related Proposed Rule
The Treasury Department changed its comment period for a proposed rule issued this week that could extend a deadline related to the Committee on Foreign Investment in the U.S.’s excepted state provision (see 2111120017). In a correction issued Nov. 17,…
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Treasury shortened the comment period deadline from Dec. 15 to Dec. 10. The agency is seeking feedback on whether it should give Australia, Canada and the United Kingdom more time to cement their positions as excepted foreign states and excepted real estate foreign states, which would exclude them from certain CFIUS screening requirements. A Treasury spokesperson didn’t comment.