Can someone explain the actual risk Cheong addressed here?
i understand in principle the problems that can result because foreign entities are not subject to US law. But that is already addressed for certain cases (e.g. airlines, press, defense contractors) by simply limiting the ownership percentage.
The same could be done mechanically by assigning ownership percentages to certain SIC codes. Then you could do all the analysis retrospectively.
i understand in principle the problems that can result because foreign entities are not subject to US law. But that is already addressed for certain cases (e.g. airlines, press, defense contractors) by simply limiting the ownership percentage.
The same could be done mechanically by assigning ownership percentages to certain SIC codes. Then you could do all the analysis retrospectively.
The prior review infrastructure seems crazy