(a) “All transactions by U.S. persons, wherever they are located, and transactions within the United States involving derivative products whose value is linked to an underlying asset that constitutes (1) debt with a maturity of longer than 90 days or equity issued on or after July 16, 2014 by a person identified in Directive 1 pursuant to Executive Order 13662 or (2) debt with a maturity of longer than 90 days issued on or after July 16, 2014 by a person identified in Directive 2 pursuant to Executive Order 13662, are authorized.” (b) “This general license does not authorize the holding, purchasing, or selling of underlying assets otherwise prohibited by Directive 1 and Directive 2 pursuant to Executive Order 13662 by U.S. persons, wherever they are located, or within the United States.”
Revised 07-16-2014
