Public Law 119-111 (09/18/2026)

22 U.S.C. § 10806

Prohibition on listing or trading of Russian entities on United States securities exchanges

Section text and notes

(a)

In general

Not later than 30 days after , the Securities and Exchange Commission shall prohibit the securities of an issuer described in subsection (b) from being traded on a national securities exchange.

(b)

Issuers

An issuer described in this subsection is an issuer that is—
(1)
an official of or individual affiliated with the Government of the Russian Federation; or
(2)
an entity—
(A)
in which the Government of the Russian Federation has a controlling or majority ownership interest; or
(B)
that is otherwise affiliated with the Government of the Russian Federation.
(c)

Definitions

In this section:
(1)

Issuer; security

section 78c(a) of title 15The terms “issuer” and “security” have the meanings given those terms in .

(2)

National securities exchange

section 78f of title 15The term “national securities exchange” means an exchange registered as a national securities exchange in accordance with .

Pub. L. 119–111, div. A, title I, § 106140 Stat. 1036 (, , .)

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