ASA Calls on Congress to Create Consolidated Business Prohibition List
Sends letter urging protection for our capital markets
WASHINGTON, D.C. – Today, the American Securities Associations (ASA) sent a letter to the U.S. Senate Committee on Banking, Housing, and Urban Affairs prior to a hearing on Advancing National Security and Foreign Policy Through Sanctions, Export Controls, and Other Economic Tools.
“ASA calls on Congress to create a consolidated and centralized list of prohibited businesses so the American public can easily identify which foreign entities should no longer have access to U.S. markets,” ASA CEO Chris Iacovella said. “ We welcome the Committee’s bipartisan focus on our economic and national security because Congress must take the steps necessary to protect our markets and stop American investor capital from flowing to our adversaries.”