PRC Military and Human Rights Capital Markets Sanctions Act of 2024

This bill bans U.S. investors from buying, selling, or holding stocks or other investments in Chinese companies listed under U.S. sanctions for military ties, human rights violations, forced labor, or trade violations. It requires the President to create a single public list of these entities within 90 days and gives U.S. investors 180 days to sell existing holdings. Violations could result in civil penalties up to $250,000 per transaction or criminal fines of up to $1 million. The bill directly affects U.S. financial institutions, mutual funds, and individual investors holding securities tied to the listed Chinese entities.