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Mike Gallagher: We are Long Overdue for Restricting All Investment Capital to CCP Companies

08/02/2023 Mike Gallagher: We need to consider putting limitations on all capital outflows to Communist China, public and private. Any outbound regulation that focuses only on venture capital and private equity, but exempts public market products like ETFs, mutual funds, and individual stocks, will fail to address the national security threat. There are systemic risks involved in doing business in Communist China that range from having your assets seized in the event of the Taiwan scenario to the inherent risk of things like variable interest entities for which there is no shareholder protection.