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US Commerce Department Lags Other Agencies in CFIUS Draft Rulemaking, Lawyers Say, Corporate Counsel

November 07, 2019

Morgan Lewis partner and leader of the firm’s international trade and national security practice Giovanna Cinelli discussed the US Department of Commerce’s delay in releasing a set of draft rules addressing “emerging and foundational technologies” with Corporate Counsel. “There are still an enormous amount of technology companies and activities that are outside the reach of CFIUS because the Commerce Department has not yet moved with any speed to define the terms emerging and foundational technologies,” said Giovanna in the article.

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