22 U.S.C. § 10806: Prohibition on listing or trading of Russian entities on United States securities exchanges

(a) In generalNot later than 30 days after September 18, 2026, 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) IssuersAn 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) DefinitionsIn this section:(1) Issuer; securityThe terms “issuer” and “security” have the meanings given those terms in section 78c(a) of title 15. (2) National securities exchangeThe term “national securities exchange” means an exchange registered as a national securities exchange in accordance with section 78f of title 15.