PARSA

HR 2067 (PARSA) prohibits retirement plan managers from investing in entities designated as national security threats, including foreign adversaries (like certain Chinese military-linked companies) and entities on U.S. sanctions lists. It requires plans to disclose all current investments in these entities, including their value, the specific entities involved, and the sanctions list they appear on. Existing investments can continue temporarily under new reporting rules but must be disclosed annually. The law aims to protect retirement savings by restricting ties to entities deemed risky by U.S. security standards.