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Mick Tuesley Quoted in The National Law Journal on Executive Order Restricting U.S. Outbound Investment in Certain Technology Sectors
08.17.23
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Mick Tuesley, Head of the Firm’s National Security Regulatory Practice, was quoted in an article titled “New Restrictions on U.S. Investment in China Open for Public Comment,” which was published by The National Law Journal. The article discussed a recently issued Executive Order intended to regulate American investment into some technology sectors, including artificial intelligence and quantum computing, in China and other countries. Mick explained that this may add another layer of regulatory complexity to dealmaking, but noted that those concerns were also a sticking point for the Treasury Department. “They don’t want to be a huge impediment to dealmaking, but they want to address this identified national security issue,” he said. He also emphasized that these efforts could still be impacted by public comment and stressed a “forward looking” approach.
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